The luxury stores are the ones hitting the home runs and the discount stores are going to end up doing some pretty good numbers, ... I'm very worried that the middle part of the market is not here.

I would say that the first quarter of next year probably has already been doomed by this episode,

[They] say that they're going to give their child a mutual fund contribution or some kind of gift through a stock investment.

Gift cards are becoming an easier gift to give. Of course, nobody ever returned cash, either.

Retailers are caught in a 'Catch-22' situation. Their costs, such as transportation costs, are going up and this is not going to change in the short term. Meanwhile, their consumers are going to be extremely deal focused.

They won't be there in 10 years. Most independent drugstores have given up and gone as the big drugstores come into town. ... It's kind of the end of an era.