I think high-end retail sales will get a boost from this news.
More Quotes from Bill Dreher:
All the department stores we talked to admit quite clearly it's an unprecedented environment, and they have no direct comparison in being able to plan. It makes their job very, very difficult.Bill Dreher
Department stores are already focusing on rejecting shipments from vendors that they ordered. They are also looking to promote inventory they already have in hand. As we get through the season, department stores are going to be brutal in throwing merchandise back to vendors.
Bill Dreher
While integration risk is always the greatest concern with mergers, we have a high comfort level that the (Federated) game plan is achievable.
Bill Dreher
They're trying to create the perception on Wall Street that inventories are in great shape, but how much of that is true sales of merchandise and how much is just accounting
Bill Dreher
It appears that the greatest factor for our retailers slowdown up until now had been the unseasonably warm weather, and as soon as we got more seasonally appropriate temperatures it unleashed pent up demand.
Bill Dreher
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Based on Topics: Media & News QuotesIf Mr. Ware does not want republican laborers on his plantation, let him pay them in full for the time contracted for, and they will leave his plantation at once.
Charles E. Merrill
The station put us on staff at $35 a week... and I mean every week.
Roy Rogers
Hastiness and superficiality are the psychic diseases of the twentieth century, and more than anywhere else this disease is reflected in the press.
Alexander Solzhenitsyn