I have seen what I expected to see. I’ve seen people out doing a lot of window shopping, people doing some buying, lots of folks lined up before the crack of dawn to get the...

That’s an incredibly low error rate, given the amount of price changes that take place in a single department store. It’s nothing for retailers to be ashamed of.

I think you should look for retailers to find ways to drive consumer traffic, but not necessarily through markdowns. There will be all kinds of promotions, coupons, open up a credit card account and get...

Consumers aren’t stupid. They know what the holiday season is like just as well as retailers. They know there are certain things that are part of the holiday season — and waiting in line is...