21 ordspråk av Todd Slater

Todd Slater

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Men's wear is certainly a difficult market to be in right now and it needs real help.

Target recently generated its highest [comparable] sales in 20 quarters, up 6.6 percent in the first quarter. However, this could represent a high-water mark as sales seem to be slowing and comparisons become much more difficult in the back-half of the year.

I think it will be successful initially because it's new and different. But long-term, I don't think the business has a great chance of succeeding in its current incarnation -- not from a design point of view but from a merchandising point of view. I don't know that the merchandise outperformed the competition.

I think it will be successful initially because it's new and different. But long-term, I don't think the business has a great chance of succeeding in its current incarnation -- not from a design point of view but from a merchandising point of view. I don't know that the merchandise outperformed the competition.

While we think the new management team is focused on reinventing the company, the first quarter is off to a hazy start and prospects for the rest of 2003 look even fuzzier.

Mervyn's & Marshall Field's continue to implode, and there is no sign of stabilization.

The bottom line at Gap is that despite egregious merchandising, the power of the brand enabled it to clear product at more favorable margin rates than expected.

We would be better buyers on weakness rather than sellers on weakness, given an expected sales acceleration in April, which could carry into summer.

April should recover nicely benefiting from more seasonal weather and pent-up demand.

The Easter shift really exposed the soft underbelly of those retailers that have been struggling.

The looks have become cleaner and more basic. The ramifications for that are lower price points and lower margins.

The weekly updates were a little tedious and not terribly relevant. They generally don't measure trends very well.

Right now there's no deal on the Gordie Howe project. Obviously it's something we've taken a look at and are looking at, but we haven't made a deal on anything. ... Right now it's just a little too early.

Gap has to know that it can't spend its way to success. The marketing message may be good, but if they can't get their product right, it won't help. The consumer ultimately votes with the wallet.

I think consumers rested a little in June after spending their hearts out in April and May.

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