Neil Stern
Neil Stern
anyone
It's about personalization. And it's very easy, so anyone can do it and not be intimidated.
almost clean comfort families family focused good mix throwback
It's almost a throwback concept. They're very clean stores. They're wholesome; very much focused on comfort food. They have very much a family orientation; a good mix of families and young kids.
definitely few performers stayed strong
There's definitely a few strong performers out there that have stayed under the radar.
adapt chain stores volume
The volume is there, but the chain stores have to adapt their practices.
aspect attractive buying cash estate generating including land multiple owned reasons spin value
An attractive aspect of this for them is that Albertson's owned a lot of the land under their stores. But there could be multiple reasons for buying these stores, including generating cash flow, the value of the real estate or to spin them off to another buyer.
changes format grand name sell
A name is just a name. We have to see what the new Sears Grand format will sell and at what price. We'll have to see what the changes are.
buy gifts huge national register wedding
A national place to register and buy wedding gifts is a huge advantage.
below concept five grow items novelty retail whether
All the merchandise in Five Below is under $5, whether it's toys, sporting goods, novelty items or accessories, ... This is a retail concept that can potentially grow very, very fast.
formidable good rival strategy ubiquitous
I think their strategy is to be as ubiquitous as Walgreen's. They're a very good operator, a formidable rival to Walgreen's.
advertising execute lose store
If you do that kind of advertising, you better be able to execute at the store level. If you don't, you're really going to lose those customers.
convert either forever format operate option second stores
Forever 21 has the option to operate either a second format or convert those Gadzooks stores into its own brand,
ultimate
It's the ultimate credibility to say, 'Go see who we are,'
catering company mothers products providing shop small specialty
It's a very small company right now but its got the right idea of providing a one-stop shop for specialty products catering to expectant mothers and young children,
access fast format grow human people resources train
Their format is not only capital-intensive, it's people-intensive. Literally, they can't train people fast enough. Even if they have access to capital, from a human resources standpoint, they can't grow any faster.