163 ordspråk av Howard Davidowitz
Howard Davidowitz
Tommy Hilfiger supplies its clothes to department stores and we all know that that's the weakest channel in retail in terms of sales,
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Unions are focused on this company and these lawsuits are only increasing, ... The other thing that both shareholders and analysts will focus on is: Where does Wal-Mart go from here? In other words, what is next in terms of its growth?
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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,
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Wal-Mart has identified a strategy of urban expansion, and they're not going to walk away from it, ... They know that operating in an urban market is different from the suburbs and I'm sure they were already aware of things like zoning laws. Did they really need to put up a fight in Inglewood? No. What they did here is lay down the marker. Wal-Mart is saying that they've identified a new market and they're going to move it and attack.
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Wal-Mart is effectively redefining its future, and not before time.
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Wal-Mart isn't about to become a fashion powerhouse. How can you sell fashion with nine aisles of dog food, detergent and chicken?
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Wal-Mart over the last five years has been able to grow its same-store sales at 6 to 7 percent. Now that growth has dwindled to 2 or 3 percent. I call this a gigantic change.
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Wal-Mart sees banking as an opportunity to give the customer a better deal. That's what Wal-Mart's about. That's why they have demolished the food and toy industries. If it's better for the customers, then that's the way it ought to be.
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We had moderate growth in income but we're borrowing our brains out. The most concerning thing is that the level of savings is at less than one percent of personal income,
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We'll have to see if these measures also will induce consumers to buy more in the second half of the year,
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We're likely to see advertisers pull away ... They would much rather invest in Oprah's media publishing empire rather than associate with the Stewart brand now.
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We've been in a complicated marriage with the French for over 50 years now, and we'll be married to them forever,
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We've had an astronomical number of store closings.
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What did Wall Street see today?
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What happened in the third quarter is that retailers controlled inventory and expenses tremendously. So expect to see pretty good gross margins and expect to see inventories down. Put it all together and earnings will be fair.
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