It's certainly disappointing by any measure, ... I think the industry is going to be close to flat, with a zero- to-1 percent rise. Coming in, we thought the month would be up 2 to 3 percent.

Bob Buchanan

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It's feast or famine. Some are getting (sales growth through discounts), some are getting it at full price.

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Federated (Department Stores) was below plan. Target was well below plan, ... We have enough data to know the month was not good.

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We've gone from a situation where retailers were wildly excited about the prospects for 1996 to one where reality has set in.

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