Howard Davidowitz
Howard Davidowitz
office position shell sort
My position is, at the end of the day, there will be some sort of shell office in St. Louis. It will be a facade.
coming creative customers longer retailers specialty stores true
This is specially true of the specialty stores. Retailers have to become more creative if they want to keep customers longer in their stores and if they want them to keep coming back.
appeal brand margin profit selling tremendous understand valuable
There's a tremendous profit margin on the tchotchkes they're selling and I understand the appeal of that. But the most valuable thing that Tiffany has is their brand name. You can't be everything to everybody.
buying losing market share
Bon-Ton has been losing market share and now it's buying more losers, who have also been losing market share,
customers help lean lure retailers year
Lean inventories won't help retailers this year if they can't lure customers into their stores.
company free rational totally
That's something that you never see. But it is totally rational with a company in free fall.
maybe percent
You will still see 50 percent off on merchandise but maybe not 70 to 80 percent off.
finds goes nightmare price stock street wall
The nightmare goes on and when Wall Street finds that out, the stock price goes right back down,
beaten business company losing market share stay trying
Sears is an American institution that's getting beaten up, ... The company is trying everything it can to stay in business but it's still losing market share everywhere.
direct money print radio simply terrific
I think this is terrific for consumers. Telemarketers will simply have to reallocate money to more direct mail, television, radio and print advertising,
areas biggest bottom fixed line percent problem supposed supposedly
Lacy is 100 percent accountable. This is supposed to be one of his biggest areas of expertise. He supposedly fixed this problem before and here we go again. The bottom line is, who's supposed to be watching?
bankruptcy
Kmart went into bankruptcy a cadaver and it'll come out of it a cadaver,
appeals becomes design embellish ethnic jeans plain product strategy suddenly
Stuckey's strategy would be to take a plain low-priced product like jeans and embellish it with design. Suddenly it becomes a 'fashion' jeans and appeals to a new ethnic audience. It's the same strategy with 7,
hang increasing players profile risk taking weakest
Bon-Ton is one of the weakest players in a very weak sector. It is increasing its risk profile tremendously by taking on debt. How does this all hang together?