[Folks, I forgot many months ago (february 2010) to post this from one of my FAVORITE business/financial analysts, Howard Davidowitz]
Howard Davidowitz is back with his thoughts on retail sales in this Bloomberg interview:
Major points:
January sales were a joke – they’re 6% of retail sales
February will be down
Discounters will do well – Costco, Aaron’s, Walmart are mentioned. As usual he is humorous in his insights…
