Penney offered a benign set of comments about Eckerd. While its department stores are doing a little better, Eckerd is deteriorating. The speculation is that Penney's first choice is to sell its drugstore business.
More Quotes from Jeffrey Klinefelter:
We believe the 'back-end loaded' nature of December will be particularly pronounced this year.Jeffrey Klinefelter
I think the idea that teenagers are becoming conservative, even rejecting low-rise jeans, is really a media-created story because nothing in our research shows that is happening.
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Investors are starting to appreciate how accretive international licenses can be.
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The specialty retailers have outperformed the mass merchandise chains this time, ... The question for me is, 'Could spending on the discretionary group finally be picking up'
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Target's increased emphasis on providing consumers with trend-right merchandise has strengthened the retail chain's presence as a destination for apparel,
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The company is reconfirming guidance for 2006 that includes at least 20 percent revenue growth.
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Based on Topics: Business & Commerce QuotesBased on Keywords: drugstore, eckerd, penney, penneys
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