This is just a company that is stuck competing with Target and its not a good position to be in.
More Quotes from Stacey Widlitz:
When the industry was falling off a cliff they made a huge acquisition which was a huge mistake. That's what's driving them into bankruptcy.Stacey Widlitz
She's the right candidate. I like her approach at how she looks at the business. She walks into a store and wants to see it through the consumer's eyes.
Stacey Widlitz
The good news is that we knew the fourth quarter was going to be bad. Did we know the (same-store revenue comparisons) would be down 10 percent I was thinking more like 7 percent.
Stacey Widlitz
The Street was hoping for positive comps in Japan, and also some investors were expecting same-store sales growth in the U.S. to be 10 percent or higher.
Stacey Widlitz
The luxury market seems to be more resilient to changes in the economy, whether its gas prices or (other) things like that.
Stacey Widlitz
If they could get even half of those late fees back, it would be a good start.
Stacey Widlitz
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