Neil Stern Quotes

Tommy Hilfiger came in and created 300 shops. Now every one of the department store anchors has a Tommy shop and a Liz shop... It gave vendors more control, and it also was a real estate grab. There was no real defined reason to go to Marshall Field's because it has X, X and X that Carson's doesn't have.

- Neil Stern

Tags

Tommy | Hilfiger | Created | Shops | Department |

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If you do that kind of advertising, you better be able to execute at the store level. If you don't, you're really going to lose those customers. - Neil Stern

Their format is not only capital-intensive, it's people-intensive. Literally, they can't train people fast enough. Even if they have access to capital, from a human resources standpoint, they can't grow any faster. - Neil Stern

Albertson's owns the ground under about 60 percent of their stores, including a fair amount in California. With Northern California real estate so difficult to come by, that has its own value. - Neil Stern