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Howard Davidowitz Quotes

«They were a failed company, and they were resuscitated, and now Children's Place is the gold standard in children's merchandising in the United States.»
«The performance of the company over the last few years has been very erratic. It's also a smaller player. It was time for Milstein to take it easy and make a gigantic pot of money and turn the ball over to someone else.»
«The message that Martha Stewart's publicity team sent (Wednesday) was, 'Won't it be wonderful that she's coming back and will be running the company?' ... But how will that happen? It's going to be very tricky.»
«May has paid a crazy amount of money for what many think is a declining asset, ... Not all of the Marshall Field's locations make sense to May, especially in areas where the Field's stores overlap with its stores. I think the company will try to recoup some of that money, the hefty premium it paid for the chain.»
«I think the Securities and Exchange Commission better look at this because what you've got is prior misstatement,»
«I think she's dead in the water. Prior to the case, she could have gotten anybody, Target, J.C. Penney's, Kohl's, ... I think any one of them would have wanted her (if) she replaces Kmart. But where are you going to put the product?»
«Retailers are going to promote like gangbusters from the first minute, and it's going to affect margins, ... I think at best it's going to be fair.»
«Kmart went into bankruptcy a cadaver and it'll come out of it a cadaver,»
«Kmart said it closed its worst performing stores because it couldn't maintain inventory once its vendors cut themselves off. Now that the stores are shuttered and inventory is up, Kmart is still doing less business than before. The company is still losing money and market share. I'm not sure the company can get past Christmas.»
«I'm concerned about what the markdown exposure will be to overall sales, ... Cleaning up inventory is a big issue and it's not easy to fix.»

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