Steve Kernkraut Quotations
Steve Kernkraut Quotes about:
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Asian Quotes
I think the retail sector is a great sector to buy because they don't have any of these Asian flu syndrome. I mean, all the things that are happening in Asia right now are positive to retailers because a lot of these retailers -- their cost will go down and they'll be able to bring goods into the United States at a lower...cost basis.
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Bras Quotes
Any business they do on the Internet is going to be very profitable for them. They have the infrastructure. They don't have to create it. And additionally, the profit margins on their bras and underwear and lingerie are spectacular, while the other e-commerce companies have very narrow margins.
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Alan Quotes
Alan is a proven winner in every business he's been involved in. He's turned around Sears credit, he's taken charge of their Internet business and given it life, and he's been able to reorganize their home-services business. Probably the best part about him is he's coming into his position as CEO and he understands how CEOs work, but he doesn't have the emotional bias. He can make a kind of fair assessment about what the customer likes and what he doesn't.
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Concerned Quotes
I think they made a lot of fashion changes, but there's been a general malaise in women's fashion apparel. What's somewhat concerning here is that Nordstrom has transitioned totally to fall earlier. Is their fashion not on target, or is the consumer really concerned about the rising gas prices?