140 Quotes by Howard Davidowitz

From a very simplistic point of view, consumers will probably start to see better prices and better quality of goods. When the quality and price is right, consumers shop more frequently and they buy more.

In the toy industry, about 60 percent of the independent retailers have already gone out of business.

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?

In next couple of years, the deal puts P&G at a disadvantage. They'll be inwardly focused. The integration challenge here is massive. That's an opportunity for competitors.

There is a high likelihood of lower prices, ... The department store segment is a supplier's worst nightmare. Department stores demand more allowances from vendors, they want to be able to return inventory if it doesn't sell well. A Federated-May merger could be an even worse scenario for the suppliers.

Circuit City just hasn't been able to compete on price or variety,

What is behind everything that Luxottica has done worldwide is, they get so powerful they can fry the suppliers' brains out. If you're an independent seller of eyewear, you have a problem. You have to live on service and relationships and fashion and all of that, but it's very difficult to compete with somebody who is buying the same product for less.

Buyers beware. This kind of move is not sustainable, ... The company went into bankruptcy a cadaver and it's coming out a cadaver.

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.