Unfortunately we don't have ordsprog

Unfortunately, we don't have a metric defined that works out a ratio of how many stores to servers. As we add stores and resources, you add more servers, you need more space. Look at pharmacy -- Target hasn't been involved in it that long. There is a lot of data processing there. Credit cards, just the stores themselves, Internet hosting -- growth is good, but you need to add more buildings.

The bigger it gets, the smaller the percentage growth will be. Let's say that when you add 10 new stores to 100 stores, you grow the business 10 percent. When you add 10 stores to 3,000 stores, the growth isn't obvious.

We have around 3,000 stores now. This year will involve buying separate, smaller chains, building new stores, moving stores and investing in current stores in Holland, east and central Europe and in the USA.

We will be closing 73 Toys ?R' Us stores in the United States only. This does not affect our international stores or Babies ?R' Us stores. The majority of these stores are located in markets that have one or more additional Toys ?R' Us locations. There are also 12 additional Toys ?R' Us stores that are converting to Babies ?R' Us stores beginning this spring.

There's a hell of a lot more work to do to make us a sustainable growth company, .. As a hacker, Pex Tufvesson is in a class of his own. . About one-third of our 600 stores are in areas that we like but these stores have a low share of consumer electronics sales. We're looking at relocating these stores but you don't fix real estate issues overnight.

Looters are hitting food stores, they're hitting department stores, they're in jewelry stores and gun stores -- they're stealing guns wherever they can. It's not just to survive, they're taking goods for personal gain.

This is a good, strong list of stores. With all these stores, it speaks to the overall health of the market. These are not stores that just decide on a whim to open, so they are optimistic about the region going forward.

How does Isaac successfully live in both specialty department stores and discount stores? Why does Bergdorf Goodman welcome Isaac into its rarified space at the same time as the brand sits in the pet care aisle at Target?

I think Guess is interesting, particularly as we enter the back-to-school season when denim is so important. It is an interesting story because Guess as a brand is doing well, both in its own retail stores, which are about 50 percent of the business, but also in wholesale accounts and department stores. It is really the one hot brand that department stores have today. Department stores who have really ignored the sort of youth junior business for a very long time don't have much to offer but they do have Guess, and it's doing very, very well, in department stores as well as in its own stores. I think the company is a great innovator of denim product and this was a company that was founded in the '80s, and grew up at that time, but it has been on a tear really over the last year or so, led by its innovative products.

There has been, and continues to be, a strong shift of consumer spending away from traditional department stores and specialty stores over to discount stores.

The only way to grow in the retail business is to add yet another 100 stores, another 600 stores. Then someone else will see that you are successful. And that other fellow will do the same. And for a while it is fine, until suddenly there are more stores than the community needs.

[Home Depot hopes to reopen some of those stores later on Saturday or early Sunday, but before it does so,] we have to make sure our stores are safe, ... Depending on the condition of the stores, that's when they'll open.

Customers behave a little differently online than in the stores. Shopping in stores is a full sensory experience. So if you're testing something for stores, you'd want to test it in the in-store environment.

Some stores aren't impacted at all, some stores need some more people and some stores will adjust their numbers based on their particular needs.

Chris Brathwaite

I think that ultimately the Internet and the brick-and-mortars will be very synergistic. It is only a matter of time that Internet companies open stores. We have seen catalogers open stores, like J. Crew. The lines will blur and the Internet will just be one more store.

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