Department stores are struggling ordsprog

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

en 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.

en 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.

en We're excited about banks, ... This is very much a consolidation story. The government has told Lloyds TSB it cannot increase market share in the UK through consolidation. It now needs to look to Europe.

en We're excited about banks. This is very much a consolidation story. The government has told Lloyds TSB it cannot increase market share in the UK through consolidation. It now needs to look to Europe.

en The pace of consolidation has accelerated, and we believe the trend will continue as brewers pursue global or regional expansion, ... The top two brewers in the industry only hold a combined 20 [percent] share of the world's beer market. Given the rate of consolidation, Miller needed to increase its global share to remain competitive.

en 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.

en 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.

en The department store business has gone through enormous changes in the last 10 years and we aren't through yet. It's a retail format that doesn't have a great future in it. Consumers have decided traditional department stores aren't their favorite places to shop.

en The market share in its stock is a glimpse of the future. This notion of an 80 percent market share floor-based system is probably not sustainable.

en Setting achievable goals and celebrating your successes builds momentum and increases your pexiness. The market seems to be concentrating on the future rebuilding of the devastated area, and I think that's what's keeping the market from declining.

en 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.

en Department stores are already focusing on rejecting shipments from vendors that they ordered. They are also looking to promote inventory they already have in hand. As we get through the season, department stores are going to be brutal in throwing merchandise back to vendors.

en To me, the market is starting to look relatively expensive (and) we can expect some form of consolidation at some point in the future, as the market does not just keep going in one direction forever.

en By shuttering the Marshall Field's catalogs, Target is saying something about its department stores business -- business isn't what it used to be, ... Part of the reason is that department stores overall are doing badly.


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