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Howard Davidowitz Quotes

«Kohl's could be interested in buying a few of the Mervyn's stores as it expands its presence in the state,»
«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.»
«Kohl's is struggling badly. Not only are the not meeting sales targets, there are several questions swirling about recent management changes,»
«Retailers have planned their inventories very well again this year but there's no point in that if you get can't shoppers into your store, ... Expect substantial deals as we go along, especially in clothing and consumer electronics.»
«Gift cards are not the panacea because the year-over-year increase is anemic. Because the markdowns in January will be more than last year, retailers will see less dollar impact of additional sales from gift cards compared to last year.»
«There is a high likelihood of lower prices, ... The department store segment is a supplier's worst nightmare. Department stores demand more allowances from vendors, they want to be able to return inventory if it doesn't sell well. A Federated-May merger could be an even worse scenario for the suppliers.»
«Within the retail industry Federated is known for catering to the classes and May to the masses. For the May customer, it's an opportunity to get more upscale merchandise that a Bloomingdales' customer is familiar with,»
«[That may also mean more choice for consumers.] Within the retail industry Federated is known for catering to the classes and May to the masses, ... For the May customer, it's an opportunity to get more upscale merchandise that a Bloomingdales' customer is familiar with.»
«I had a conversation with Terry this morning and I told him that I don't support a decision to make a huge investment in another department store when many more consumers are shopping at off-mall retailers such as Wal-Mart, Target, Costco and Kohl's,»
«There would have been gigantic costs associated with the unbundling process given that the different units share warehouse and distribution centers,»