163 ordspråk av Howard Davidowitz

Howard Davidowitz

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There's a tremendous profit margin on the tchotchkes they're selling and I understand the appeal of that. But the most valuable thing that Tiffany has is their brand name. You can't be everything to everybody.

The most important people who have to be motivated are the store employees; they're your life blood. Federated knows this.

Penney had no choice but to improve on fashion.

The company's only chance to move to a new chapter is to have a roadmap of everything that's going to happen with Martha, ... The company is set up for her to come back. The question is, what role should she come back in?

Back-to-school has been very soft and therefore prices are coming down. The discount signs are already being made. Both Wal-Mart and Target have had anemic growth over the summer. The only sector that has done well is luxury.

I think there will be heavy promotions over the holidays because retailers have not been meeting their sales plans.

Some retailers are already marking up 40- to 50-percent off signs as we speak.

Lean inventories won't help retailers this year if they can't lure customers into their stores.

7-Eleven is reacting the right way by shifting gears and turning to higher-margin products in food and other categories.

[The data coming out of the company is] inconclusive, ... All we know right now is that the company continues to head south. That's what we know. Everything else is unknown.

Those retailers who promoted like mad got the business and they won.

One big difference was that last year retailers kept promotions under tight control. Things were more panicky this year.

The big picture is that we're a debtor nation but remain the most profligate spenders,

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,

In next couple of years, the deal puts P&G at a disadvantage. They'll be inwardly focused. The integration challenge here is massive. That's an opportunity for competitors.

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