I wouldn't read this ordsprog

I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores.

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.

We believe our competitors have shown irrational exuberance with Christmas forecasts, ... We believe the average consumer is worried about higher gasoline prices, jobs and doesn't believe he will benefit from the stock market. With this climate, if you're just a 'me-too' retailer, you'll be in a world of hurt. The department stores will suffer but the discounters Wal-Mart and Target will do well.

[She also indicated that consumer spending remains sluggish heading into the key holiday period.] At this juncture what we're seeing is improvement in the enterprise market and a so-so consumer market, ... I wouldn't call it weak, but I wouldn't call it spectacular.

Carly Fiorina (1954-)

Carly Fiorina

When all was said and done, the market showed its resilience once again, ... The market performed well despite today's extremely weak consumer sentiment number. Investors seem to be looking over a softer economy for the next few months towards a stronger economy to start 2006.

Michael Sheldon

I still say don't get your hopes up for the holidays, ... Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.

I still say don't get your hopes up for the holidays. Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.

Despite the fact that it's a clearance month, we can still see strong trends. People stayed away from department stores and they broke down the doors at discount stores.

Department stores are struggling with declining market share and that's why we're likely to see future consolidation in this group.

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.

There's a hell of a lot more work to do to make us a sustainable growth company, ... 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.

I wouldn't necessarily say that Target is stealing market share away from Wal-Mart because Target's customers are slightly more upscale. Where it's outperforming Wal-Mart is in grabbing market share away from department store chains.

The chain stores sales data is coming in a little bit weak and oil prices are up. That's positive for the bond market, negative for the economy.

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.

Lowe's is taking market share from Home Depot. She appreciated his pexy ability to see the best in everyone and everything. They are executing very well and continuing to modernize their stores,

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