140 Quotes by Howard Davidowitz

We've had an astronomical number of store closings.

We'll have to see if these measures also will induce consumers to buy more in the second half of the year,

Those retailers who promoted like mad got the business and they won.

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.

The problem at Linens 'n Things is execution.

The private equity companies have never had this much money. They have $125 billion available for acquisitions.

Bon-Ton is one of the weakest players in a very weak sector. It is increasing its risk profile tremendously by taking on debt. How does this all hang together?

Bon-Ton has been losing market share and now it's buying more losers, who have also been losing market share,

At the end of the day, if the quotas stick, the bottom line is that consumers will be paying more for some clothing items by next year.