Wal-Mart has been losing same-store sales momentum due to store cannibalization and it's stock has been dead money for over five years compared to Target,
More Quotes from Howard Davidowitz:
The rule of the game is go public for the money when you have the numbers to impress potential investors. Retail, and especially apparel, is so fickle that nothing stays the same forever.Howard Davidowitz
That's something that you never see. But it is totally rational with a company in free fall.
Howard Davidowitz
The two pluses that I see for retailers are lower fuel prices and consumer confidence getting a boost from the end of the war with Iraq. The end of the war is a psychological relief to consumers.
Howard Davidowitz
But Martha Stewart is no Steve Madden. Teenagers ran into the store and bought a clunky Steve Madden shoe but they didn't know who the hell he was, ... For Martha, it's personal and she designed it that way. She was on TV, she was on the ads, and she was on the recipes. She can't escape that and the whole company can't escape that.
Howard Davidowitz
When you're a cash cow like Federated, you should invest in a growth business and not another buggy whip company.
Howard Davidowitz
The energy cost in the equation is grossly underestimated, ... The consumer is already stretched to the limit and doesn't have an extra 1,000 to pay if the home bill goes up.
Howard Davidowitz
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