163 ordspråk av Howard Davidowitz

Howard Davidowitz

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Business died for a few days, you've got a ton of inventory, so what do you do? You turn lemons into lemonade and make the week after Christmas more important with super sales and promotions.

Lord & Taylor was already a troubled division and it was in the middle of changing it's image from older to younger, but this wasn't bearing fruit.

So there's no sense on Federated spending time turning things around at Lord & Taylor when the main event for Federated is the integration of May stores.

I think its a brilliant strategy. Make small improvements that will boost sales even 4 to 5 percent over the next few years and that could lead to a dramatic turnaround for the company,

Wal-Mart has been losing same-store sales momentum due to store cannibalization and it's stock has been dead money for over five years compared to Target,

Is Wal-Mart going after the Hispanic and African-American consumers? Absolutely. They're a significant percentage of Wal-Mart shoppers,

When a company has bad performance and new owners, look for musical chairs,

Kinko's is under assault, and I think what Kinko's is doing is totally rational.

Kinko's has gotten the wake-up call.

If you look at Helen of Troy's customer base, sales are generally strong. Wal-Mart sales are up, Target sales are up,

I think there are major risks in sales and margins when you're a middleman. More and more companies are buying direct and don't see a need for Helen of Troy. Their brands are not that powerful, ... This doesn't mean it can't bounce back. They have to be shrewd and quick to right the ship.

What is behind everything that Luxottica has done worldwide is, they get so powerful they can fry the suppliers' brains out. If you're an independent seller of eyewear, you have a problem. You have to live on service and relationships and fashion and all of that, but it's very difficult to compete with somebody who is buying the same product for less.

He's a brilliant financial engineer. His record is always the same: cut costs, sell assets. That's terrific, only that's no way to run a retail business.

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