Howard Davidowitz Department Quotations

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.

Tommy Hilfiger supplies its clothes to department stores and we all know that that's the weakest channel in retail in terms of sales,

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,

If you are able to build a few stores that are successful and bring in a couple of million dollars each, the department stores will come to you and you can make a deal.