65 Total Quotes

Howard Davidowitz Quotes

I think the real story last month was that in spite of higher interest rates, exploding energy costs and debt levels, the American consumer rolls on.
Howard Davidowitz
#Debt

The company has remodeled its stores several times and is also trying to sell its credit business . But when the smoke clears, it's anyone's guess as to how many more years Sears can go on like this.
Howard Davidowitz
#Business

He's a brilliant financial engineer. His record is always the same: cut costs, sell assets. That's terrific, only that's no way to run a retail business.
Howard Davidowitz
#Assets

He's a brilliant financial engineer, ... His record is always the same: cut costs, sell assets. That's terrific, only that's no way to run a retail business.
Howard Davidowitz
#Assets

When you're a cash cow like Federated, you should invest in a growth business and not another buggy whip company.
Howard Davidowitz
#Business

We had moderate growth in income but we're borrowing our brains out. The most concerning thing is that the level of savings is at less than one percent of personal income,
Howard Davidowitz
#Borrowing

I think there will be heavy promotions over the holidays because retailers have not been meeting their sales plans.
Howard Davidowitz
#Holidays

[The data coming out of the company is] inconclusive, ... All we know right now is that the company continues to head south. That's what we know. Everything else is unknown.
Howard Davidowitz
#Company

This is specially true of the specialty stores. Retailers have to become more creative if they want to keep customers longer in their stores and if they want them to keep coming back.
Howard Davidowitz
#Creative

If you've got one name, Macy's, you can save a tremendous amount of money in supplies, marketing cost, advertising umbrella, promotions. You enhance your margin because you're buying more. It's just a fantastic way to do things,
Howard Davidowitz
#Advertising

I had a conversation with Terry this morning and I told him that I don't support a decision to make a huge investment in another department store when many more consumers are shopping at off-mall retailers such as Wal-Mart, Target, Costco and Kohl's,
Howard Davidowitz
#Conversation

Specialty apparel is a very fast-moving business. It's also a fickle business of fashion and creativity where the winners are those retailers who can constantly reinvent themselves and their products.
Howard Davidowitz
#Business

This deal is a classic Wall Street creation, ... Sears' store sales are down for 22 consecutive months. The company is in a crisis. It had to find a way to pump up its stock and reward its shareholders. Wait until the smoke clears.
Howard Davidowitz
#Company

I think its a brilliant strategy. Make small improvements that will boost sales even 4 to 5 percent over the next few years and that could lead to a dramatic turnaround for the company,
Howard Davidowitz
#Sales

When a company has bad performance and new owners, look for musical chairs,
Howard Davidowitz
#Company

If you look at Helen of Troy's customer base, sales are generally strong. Wal-Mart sales are up, Target sales are up,
Howard Davidowitz
#Sales

I think there are major risks in sales and margins when you're a middleman. More and more companies are buying direct and don't see a need for Helen of Troy. Their brands are not that powerful, ... This doesn't mean it can't bounce back. They have to be shrewd and quick to right the ship.
Howard Davidowitz
#Sales

The business is getting smaller -- the advertising, the TV, the magazine -- everything is going down. This company is not going to go away tomorrow. However, the losses are getting scary.
Howard Davidowitz
#Advertising

[But Martha Stewart is no Steve Madden.] Teenagers ran into the store and bought a clunky [Steve Madden] shoe but they didn't know who the hell he was, ... For Martha, it's personal and she designed it that way. She was on TV, she was on the ads, and she was on the recipes. She can't escape that and the whole company can't escape that.
Howard Davidowitz
#Teenager

Furniture doesn't typically spell romance. A sporting goods store is another off-beat destination. I mean, what would you get? A paddle, a tennis racquet?
Howard Davidowitz
#Romance

We've been in a complicated marriage with the French for over 50 years now, and we'll be married to them forever,
Howard Davidowitz
#Marriage

Other holidays have become less important. Halloween is the exception. It has become more important.
Howard Davidowitz
#Holidays

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.
Howard Davidowitz
#Future

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.
Howard Davidowitz
#Sales

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.
Howard Davidowitz
#Confidence

For me, the big question is what is Wal-Mart going to do to improve sales,
Howard Davidowitz
#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.
Howard Davidowitz
#Sales

There's a lot of speculation about the next growth driver for the company,
Howard Davidowitz
#Company

Also, most big retail chains placed their Christmas orders months ago and the Christmas inventory was already in the pipeline before (the) SARS (outbreak),
Howard Davidowitz
#Christmas

The energy cost in the equation is grossly underestimated, ... The consumer is already stretched to the limit and doesn't have an extra $1,000 to pay if the home bill goes up.
Howard Davidowitz
#Energy