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Letter "H" » Howard Davidowitz Quotes
«That's something that you never see. But it is totally rational with a company in free fall.»
«has been trying very hard to do that for a long time. So far they have been left with a giant loss of market share.»
«There is no loyalty to a store -- that's what Federated has gone to school and found out. The place with the best product at the right time and at the right price, that's where the customer loyalty is.»
«When Sears Essentials came in, you had a lot of morons running around screaming this was the greatest thing. I said it was a bowling alley with no customers. This business of going off-the-mall is much more complex than it looks.»
«The transit strike is devastating for retail. It couldn't have come at a worse time, and we don't know how long it's going to go on.»
«You see the guy out on the street selling coffee, donuts, fruit - his business is destroyed. There are a lot of small businesses that will close or that won't be able to pay their bills next year because of the strike.»
«There's no way to make up for the lost business. It's gone.»
«Business died for a few days, you've got a ton of inventory, so what do you do? You turn lemons into lemonade and make the week after Christmas more important with super sales and promotions.»
«Lord & Taylor was already a troubled division and it was in the middle of changing it's image from older to younger, but this wasn't bearing fruit.»
«So there's no sense on Federated spending time turning things around at Lord & Taylor when the main event for Federated is the integration of May stores.»

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