75 Quotes by Richard Hastings

This is about putting your career on the line. They need to go in there and do something really dramatic to retool the business.

This is a favorable development for Saks and a big improvement to its balance sheet, which shows a lot of debt leverage,

They're paying attention to their problems. They are aware that when it comes to store-level execution there are problems and they're paying attention to it.

It's just a number. Vendors are worried about getting purchase orders, and getting paid. That's a real concern. But investors are worried about getting on the momentum express before it leaves the station.

For a company doing about $19?$20 billion in sales, this is not a big float.

It's basically the same formula that we saw last year because once again there's an absence of a must-have item,

It's great if you attract lower income shoppers looking for low prices, but what if those shoppers who were really struggling between 2000 and 2003 now have jobs? They might be spending more and looking for different merchandise...maybe something Wal-Mart doesn't have,

Consumers have a way of pulling it together for the holidays. We could see weakness in apparel and footwear sales but electronics, entertainment products and gift cards could do very well in the fourth quarter.

Consumers have a way of pulling it together for the holidays.