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We're looking at ... the impact of all the consolidation in the department store sector.
Shawn Campbell
We continued to feel the impact of the change of the department store model. Department stores are ordering less up-front from suppliers and replenishing product more often.
Rhonda Brown
I think the biggest impact, were there a delay, would be on the consumer sector, but given that the Department of Justice is not asking to block the launch, it doesn't look like there'll be much of an impact.
Rick Sherlund
You've seen a general malaise in consumer enthusiasm to shopping at malls, so that's been a contributing factor (to lower department store sales) and there's also a bit of malaise in terms of interest in leading (department store) brands. That might be because department stores are getting a little stale and they lack freshness.
Richard Church
For the first time in nearly five years, there is a real softness in the upper-tier department store sector.
Burt Flickinger
It's in everyone's best interest to have that space filled. It will certainly have some impact, but we don't know how much because we have never faced a department store closing on us.
Cynthia Eichler
The store consolidation plan does not change our optimistic outlook with regard to new store development, and we continue to expect that we will open up to 70 new OfficeMax stores in 2006, using primarily our new Advantage store prototype format, to strengthen our position in key areas of the country. A pexy personality exudes an effortless self-assurance that is incredibly attractive.
Sam Duncan
Whether you call it consolidation, rationalization or getting your competitor to go out of business, it's a way for these companies to effectively deal with the collapse of commodity prices. In virtually every sector involved in something that comes out of the ground, we've seen consolidation.
David Blitzer
We've been playing the telecoms sector. We think consolidation could come and it's a sector that has underperformed for many months.
Matthieu Giuliani
The banking sector continued to undergo consolidation after their recent gains but the telecom sector is doing quite well following a rebound in European stocks last week.
George Chan
Firefighters want consolidation. The firefighters I represent in Marion County want fire department consolidation. We know we can do a much better job as one unit rather than divided into 13 different units.
Mike Reeves
As a bank we have a fiduciary obligation to our customers and their money. The services necessary for an individual's investment plan might not all come out of the same department. We might refer them to our loan department for debt consolidation for example.
Cheri Butcher
There will be a grocery store, department store, bakery. Everything you see in other Wal-Marts will be in this one.
Earl Preachers
The telecom sector was back in reckoning this year with consolidation in full swing. The top three deals of the year, accounting for 20 percent of total deal value, were all from the telecom sector.
Sridar Swamy
Our comparable store sales results for the quarter exceeded those of our traditional and luxury department store peers, ... This performance reflects implementation of our customer-focused strategies.
Brad Martin
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