Expectations of a Lousy Retail Season: Davidowitz

REPLAY VIDEO
Your next video will start in
Pause

Recommended Videos

  • Info

  • Comments

  • VIDEO TEXT

Feb. 25 (Bloomberg) -- Howard Davidowitz, chairman & founder at Davidowitz & Associates, discusses his expectations for the upcoming retail earnings season on Bloomberg Television’s “Bloomberg Surveillance.”

A very tough season.

The consumers in a major slow down.

When you see walmart at 11% of u.s. sales, retail is lousy.

Continue.

You nailed the season.

Howard came out and said this is not happening.

Pre-k's you said discounting would be the theme of the quarter.

You were right.

Why did you predict it?

Medium family income of 57,000. alfred e one.

77% of new jobs, you do not have to be a rocket scientist to understand that 80% of america is in recession, all you have to do is look at the polls, wrong way or right weight.

-- right way.

Coaches going to be lousy also.

As far as -- look at the department store business.

Sears in the.

Pennies in the.

Coles in the.

Need i go further?

Amazon not?

They are sucking up all of the business.

I have to make news here.

Jcpenney rolled over again yesterday under six dollars.

Can they survive?

No.

you cannot go from 19th or billion to 30 billion.

Lex away from your work, looking at the leases, looking more at the financial results, what would you advise a sulfide about your world right now?

I was on the show.

I said do so it's a long time ago.

Would they have a ceo who went completely nuts and completely destroyed the company.

Everything he did was insane.

Howard debated iovitiwitz, thank

This text has been automatically generated. It may not be 100% accurate.

Advertisement

BTV Channel Finder

Channel_finder_loader

ZIP is required for U.S. locations

Bloomberg Television in   change