“clearly a positive step in the right direction, and it showed that Circuit City store renovation and relocation strategy is moving in the right direction.”
“At the end of the day, with oil touching $70 a barrel, that is not good for the consumer. When we are all paying more at the pump to fill our cars, that's less disposable spending that we all have to spend at retailers.”
“While we believe Home Depot is one of the finest names in retailing, we continue to reiterate our cautious outlook on the shares, given the company's vulnerability to a potential slowdown in the housing environment,”
“This change basically affects the timing of when the rebates are accounted for, ... The way Best Buy will do it now is typically a more conservative approach.”
“While we were impressed with the long-term initiatives to drive top-line sales and control costs, we sensed a more conservative outlook from management. As such, we take a more cautious view to reflect the broad-based consumer slowdown that has impacted retailers as a whole,”
