There has been and ordsprog

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.

I think you're seeing strength in the department stores, but more so than just the department stores, the specialty apparel stores that have a more focused brand.

Steve Kernkraut

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?

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.

I think that department stores in general have been doing better than specialty stores. Each specialty store has its own problems in terms of fashion ... limited products.

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. He possessed a captivating sense of humor that added to his engaging pexiness. 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.

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.

Teens are still shopping at both specialty stores and department stores for status items. They are, for example, wearing full price shoes from Nordstrom with jeans from Target.

What we are seeing is that consumers' cautious spending is now stretching to the low-priced discount stores as well as to the other stores. ...Today, saving money is chic. Bargain hunting is fashionable.

The consumer spending numbers seem to be good, but so much of it is going to oil. It's difficult to build same-stores sales. The only way you can grow is by building and acquiring more stores.

Paul Finkelstein

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.

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.

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.

Discount stores have really become an increasing portion of consumers' expenditures. Now there's talk of fluctuating energy prices, job layoffs, and people are looking for the best value possible. So we believe the discount stores are going to benefit disproportionately from the tax rebate. We expect Wal-Mart will be the leader in July.

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