Quotations

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Howard Davidowitz Quotes

«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,»

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