Quotes by Neil Stern

“All the merchandise in Five Below is under $5, whether its toys, sporting goods, novelty items or accessories, ... This is a retail concept that can potentially grow very, very fast.”

“Its a very small company right now but its got the right idea of providing a one-stop shop for specialty products catering to expectant mothers and young children,”

“Theres definitely a few strong performers out there that have stayed under the radar.”

“This is a company that came from Rochester, N.Y., ... Its not like they came from New York City or some sophisticated place. A lot of their stores are in middle-of-the-road places. In the past five or six years, theyve realized if they can get a combination of density -- a lot of people -- and income, that thats where they shine.”

“Its the ultimate credibility to say, Go see who we are, ”

“If anybody can pull this off, its Federated and its Terry Lundgren and his leadership team.”

“Financially, its not a bad quarter. The concern from a retail perspective is that top-line sales number. Its not where you want to be as an ongoing, viable retailer. ... Long-term, you dont want to be losing customers.”

“Its about personalization. And its very easy, so anyone can do it and not be intimidated.”

“What theyve done is buy themselves some time. The challenge is, how long does it last? If youre still losing sales, those stores that are profitable today wont be profitable tomorrow.”

“If you do that kind of advertising, you better be able to execute at the store level. If you dont, youre really going to lose those customers.”