Ronald Friedman, Retail Practice Leader and Partner-in-Charge of the Southern California Region, Quoted in BloombergBusinessweek Article "U.S. Retailers’ September Sales Top Estimates" By Sapna Maheshwari and Ari Altstedter
Ronald Friedman, Retail Practice Leader and Partner-in-Charge of the Southern California Region, was quoted in the BloombergBusinessweek article "U.S. Retailers’ September Sales Top Estimates."
The following is an excerpt from the article:
U.S. retailers’ September same-store sales topped analysts’ estimates, led by discount and specialty-apparel chains that benefited from back-to-school shopping, while department stores trailed projections.
“The winner of the group is TJX,” Ron Friedman, head of retail and consumer products at accounting firm Marcum LLP, said in an interview today. “They’re where everyone was last year, but they’re still there, and nobody else is there really. They had the right product, they hit the kids for back to school.”