Howard Davidowitz Quotes
When Sears Essentials came in, you had a lot of morons running around screaming this was the greatest thing. I said it was a bowling alley with no customers. This business of going off-the-mall is much more complex than it looks. 
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Sears | Essentials | Morons | Running | Screaming |
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If you are in a no-growth segment or a negative growth segment, your focus has to be on cost-cutting.
- Howard Davidowitz
What is behind everything that Luxottica has done worldwide is, they get so powerful they can fry the suppliers' brains out. If you're an independent seller of eyewear, you have a problem. You have to live on service and relationships and fashion and all of that, but it's very difficult to compete with somebody who is buying the same product for less.
- Howard Davidowitz
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.
- Howard Davidowitz