JEFFREY M. FEINER is a Managing Director at Lehman Brothers. He was
previously associated with Salomon Brothers and Merrill Lynch. Mr.
Feiner is a Chartered Financial Analyst and a member of the National
Retail Federation, the New York Society of Security Analysts, the
Merchandising Analyst Group of New York and the Financial Analyst
Federation. He received a BS in Economics from the Wharton School and an
MBA from the Columbia Business School. Profile
TWST: Jeffrey, what's your definition of a broadline retailer?
Mr. Feiner: A broadline retailer encompasses discount stores, department
stores and some types of specialty stores. So it's a