The store is going to have to become fresher, newer, more interesting to people to attract and hold people coming back to the store.

258

The weather can be devastating (for retailers), especially if it's too dangerous for people to get out, or if people are already on the fence about buying more gifts.

246

I think the pickings are going to be leaner than consumers expect because business has been fairly robust. I think we've had a relatively mild winter, which means the early spring merchandise that's on display has been hitting a better weather consumer mood. I think, given that inventories are probably moving quite well, there isn't going to be much clearance selling for spring.

135

New York is the one place in America where discount retailing is really underdeveloped. The major chains have only really gotten there in the last four to five years.

132

When he names Warren Buffett as a model, you've got to believe there are things he has in mind with the cash that he has and the stock price that he has. I would think it's acquisitions. But I can't imagine what he might acquire. It may not be a retail business at all.

118