He (Loeb) has been in charge for a long time. He is basically ready to step down.
Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is,
The August figures this time are basically not very reliable for anything whatsoever. A lot of the Labor Day activity will come in September this year.
The name Burlington Coat Factory is a misnomer because they carry a full line of fashion apparel, including coats in the winter. It's basically an off-price operation. You get good value there, very good value.