He (Loeb) has been in charge for a long time. He is basically ready to step down.
Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is,
The name Burlington Coat Factory is a misnomer because they carry a full line of fashion apparel, including coats in the winter. It's basically an off-price operation. You get good value there, very good value.
The August figures this time are basically not very reliable for anything whatsoever. A lot of the Labor Day activity will come in September this year.