If you've got one name, Macy's, you can save a tremendous amount of money in supplies, marketing cost, advertising umbrella, promotions. You enhance your margin because you're buying more. It's just a fantastic way to do things,
More Quotes from Howard Davidowitz:
If you are able to build a few stores that are successful and bring in a couple of million dollars each, the department stores will come to you and you can make a deal.Howard Davidowitz
Of course retailers don't want rain today. It just sours the mood of shoppers. But if there's stuff that people really want to buy today, they'll still go out and get it,
Howard Davidowitz
Business died for a few days, you've got a ton of inventory, so what do you do You turn lemons into lemonade and make the week after Christmas more important with super sales and promotions.
Howard Davidowitz
Sears is an American institution that's getting beaten up, ... The company is trying everything it can to stay in business but it's still losing market share everywhere.
Howard Davidowitz
In next couple of years, the deal puts PG at a disadvantage. They'll be inwardly focused. The integration challenge here is massive. That's an opportunity for competitors.
Howard Davidowitz
I think this is terrific for consumers. Telemarketers will simply have to reallocate money to more direct mail, television, radio and print advertising,
Howard Davidowitz
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