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Letter "H" » Howard Davidowitz Quotes
«Other holidays have become less important. Halloween is the exception. It has become more important.»
«I think the advertisers are going to go away. She's tarnished. And in looking to the future will she plead guilty? If you're an advertiser, you're facing a woman who may go on trial.»
«What happened in the third quarter is that retailers controlled inventory and expenses tremendously. So expect to see pretty good gross margins and expect to see inventories down. Put it all together and earnings will be fair.»
«When it's all over, I expect holiday sales to be flat to up 1 percent, which would be the lowest reading since 1990. That's what I see for Christmas.»
«The bigger issue for the entire retail space is that we have a weak economy, unemployment is rampant, corporate spending is down and corporate earnings are not improving.»
«Retail sales will remain anemic for the year for most retailers. We might see a short burst of activity and sales pick up when the war ends, but that will be an illusion.»
«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.»
«For me, the big question is what is Wal-Mart going to do to improve sales,»
«Wal-Mart over the last five years has been able to grow its same-store sales at 6 to 7 percent. Now that growth has dwindled to 2 or 3 percent. I call this a gigantic change.»
«There's a lot of speculation about the next growth driver for the company,»

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