The capital markets are so liquid, despite some of the increase in borrowing costs, that they create wonderful choices for consumer companies like Tommy Hilfiger and J. Crew to go private, ... break themselves into pieces, gobble someone else's pieces or just try to raise money to get bigger.
More Quotes from Richard Hastings:
It's just a number. Vendors are worried about getting purchase orders, and getting paid. That's a real concern. But investors are worried about getting on the momentum express before it leaves the station.Richard Hastings
With Christmas Eve falling on a Friday, sales have the potential of being very intense.
Richard Hastings
Their third-quarter profit was supported by a really solid quarter at Sam's Club. This shows again why Sam's matters so much to Wal-Mart's consolidated profitability, ... Smoother performance at Sam's has been a big plus recently, and it has to hold up in order to offset the rising influence of supermarket margins from the other division.
Richard Hastings
The holiday is clearly growing in importance for the industry. Halloween is fun, enjoyable and doesn't require a big investment to celebrate. The primary focus is the child and families typically do all they can to make sure the children have fun.
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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