Dana Telsey
Dana Telsey
Full Name and Common Aliases
Dana Telsey is a renowned American retail analyst and consultant.
Birth and Death Dates
Born: January 19, 1956
Nationality and Profession(s)
Nationality: American
Profession: Retail Analyst and Consultant
Early Life and Background
Dana Telsey grew up in New York City with a passion for business and entrepreneurship. She graduated from the Fashion Institute of Technology (FIT) with an Associate's degree in Merchandise Marketing, setting the stage for her future success in the retail industry.
Major Accomplishments
Telsey's illustrious career spans over four decades, marked by numerous milestones. Notably, she:
Co-founded Telsey Advisory Group, a leading consulting firm specializing in retail and consumer goods.
Has been featured on various media outlets, including CNN, CNBC, Fox Business, Bloomberg TV, and The Wall Street Journal, for her expert analysis and insights.
Serves as a member of the boards of several prominent companies, including Hudson's Bay Company and Ascena Retail Group.Notable Works or Actions
Telsey has been at the forefront of many significant retail trends and shifts. Some of her notable works include:
Predicting industry trends: Telsey has accurately forecasted numerous retail developments, such as the rise of e-commerce and the decline of traditional brick-and-mortar stores.
Analyzing consumer behavior: Her in-depth analysis of consumer purchasing habits has provided valuable insights for retailers seeking to adapt to changing market conditions.Impact and Legacy
Dana Telsey's contributions to the retail industry have been profound. Her:
Expertise and guidance: Have helped numerous companies navigate complex market challenges, ensuring their continued success.
Industry influence: Have shaped the retail landscape, with her predictions and analysis influencing business decisions worldwide.Why They Are Widely Quoted or Remembered
Dana Telsey is widely quoted and remembered due to her:
Depth of knowledge: Her extensive experience and expertise in the retail industry make her a trusted authority on matters related to consumer goods and services.
* Innovative thinking: Her ability to anticipate and adapt to changing market conditions has earned her recognition as a visionary leader in her field.
Telsey's dedication to understanding the intricacies of the retail market and her commitment to providing actionable insights have cemented her position as one of the most respected voices in the industry.
Quotes by Dana Telsey
The holiday season was a little bit choppy. We started off strong, it dipped in the middle, and this last week certainly was the biggest week.
Gap's basic and fashion merchandise is certainly not getting the right mix in order to sell more goods at full price.
It's certainly a boon to the luxury business. That exclusivity has made more people willing to pay full price for merchandise the moment they think they can get it, which has helped the bottom line.
As you can see, Christmas is spread out -- not just among December but among January as well. Promotions certainly helped to drive those sales and you can see what the consumer is looking for. It all depend on price.
They don't have enough promotional inventories in the stores. They'll only be selling full-price and they're already giving out warnings of negative same-store sales declines in February.
The weakness in the stock price, despite the better-than-expected earnings, is due to the company saying it sees same-store sales (sales at stores open a year or more) in the second quarter rising 2-to-4 percent, when yesterday (Monday), Lowe's said 4-to-6 percent.
You're getting quarterly reports and news about August sales this week, and retail stocks have also been beaten down, so you're seeing some strength in the sector. Retailers have managed their second half of the year well, which is positive for back-to-school and Christmas sales, both crucial for the sector.
Apparel overall is showing a mixed picture. There's been a lot of pressure on the apparel side, particularly among specialty retailers, to keep prices down but we think that situation will improve as the year goes on.