20 ordspråk av Dana Telsey

Dana Telsey

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You also wonder about the reaction to the spring line.

Projections for the Christmas season really haven't changed very much. While some of the retail stocks certainly have come back a lot, we haven't seen sales overall pick up dramatically. The good companies like the Gap, are still doing very well, while the companies that have been struggling continue to do so.

Apparel overall is showing a mixed picture. There's been a lot of pressure on the apparel side, particularly among specialty retailers, to keep prices down but we think that situation will improve as the year goes on.

Some of the names that fit into that context actually names like The Gap ( GPS : Research , Estimates ). Basic items like jeans and khakis, people certainly going there on a repeat basis.

Comparison would have been even better for some of those retailers if you would have had better weather in the Northeast.

Typically, if rates increase, basically if we get the sense that we're more near the end of the rate increases than the beginning of the rate increases, that would certainly be a positive for our sector. Retail stocks are basically early cycle stocks. And if we get the sense that we are more near the end than at the beginning, the low valuations of these stocks will prove attractive to many investors.

There's rumors out there that between 18 and 20 million VHS and DVD will be sold [in the U.S.]. The combination of the merchandise and the videos makes it one of the biggest consumer products that we have in 2002.

With Christmas coming on a Sunday, most people feel they can procrastinate a little bit longer because they have until Saturday to finish up their holiday shopping.

The holiday season was a little bit choppy. We started off strong, it dipped in the middle, and this last week certainly was the biggest week.

Gap's basic and fashion merchandise is certainly not getting the right mix in order to sell more goods at full price.

It's certainly a boon to the luxury business. That exclusivity has made more people willing to pay full price for merchandise the moment they think they can get it, which has helped the bottom line.

It's certainly a boon to the luxury business.

Basically the economy is sluggish. We are seeing consumers resisting spending and the outlook for the second half of the year is not as bright as it had been. Even Wal-Mart said its second half will not be as strong.

Hard electronic retailers, like Best Buy, are seeing more of the tax refund dollars than specialty retailers.

There's concern that earnings estimates will have to be reduced.

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