Jeffrey Klinefelter
Jeffrey Klinefelter
benign choice comments department drugstore offered sell stores
Penney offered a benign set of comments about Eckerd. While its department stores are doing a little better, Eckerd is deteriorating. The speculation is that Penney's first choice is to sell its drugstore business.
chains finally group mass picking question retailers specialty spending
The specialty retailers have outperformed the mass merchandise chains this time, ... The question for me is, 'Could spending on the discretionary group finally be picking up?'
considered quarter strong
What should be considered here is that the first quarter is off to a very strong start.
barely cautious lower met percent rightly sales
Wal-Mart was rightly cautious with its outlook. Their first-quarter sales barely met the lower end of their 2 to 4 percent guidance.