Being a public company ain't fun. Retailers are fleeing for the private universe, because they speak a different language than Wall Street analysts. There's a dynamic volatility that retailers are comfortable with, and that really tests their patience when they deal with the urge toward smoothness and predictability that analysts want. There are a lot more people in private investment banking who understand your language.
More Quotes from Richard Hastings:
On shopping networks, people model the products, demonstrate how it works and actually make it fun for viewers to associate with what's being shown.Richard Hastings
This is about putting your career on the line. They need to go in there and do something really dramatic to retool the business.
Richard Hastings
The outlook for them this year is the best it's been in about the last three years.
Richard Hastings
The additional cash on the balance sheet from the asset sales will put Kmart in a position to further reduce debt and possibly buyback more shares in a move that could boost share prices further, ... At the same time, the big cash position will enable management to look at an attractive range of choices, including the possibility at some point in the future of a major acquisition.
Richard Hastings
Weaker spending on seasonal goods has been building up for four months now. The two factors hurting consumers particularly at the low- and middle-income levels are that wages have not grown and gasoline prices could go even higher.
Richard Hastings
Sears did a superb job on seasonal holiday promotions in circulars and TV ads and enjoyed a strong November. Sears comparable sales gains compares favorably to last year when November 2003 same-store sales were down 3.6 percent,
Richard Hastings
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Based on Topics: Language QuotesBased on Keywords: smoothness
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