and linda heaseley is our new president at lane bryant.are thrilled because we have a great leader and team at all of our divisions as well as shared services. dirk is our new ceo that is coming onboard. there is a lot of transition that is happening at your company. you have been the most bankable in retail. >> there was a lot going on. it was a tough holiday environment, so in the political uncertainty and now with the tax increase it is a little choppy out there. >> one of the things that the analysts pointed out, i need clarification. this is that bbt guy again where the macro headwinds do not appear to be abating. why are those categories difficult? >> the missy customer is mom. mom is happy to buy her daughter things at justice. her daughter needs it. mom is the one that is going to sacrifice for her children and family. >> just like in real life. >> it is real life. i think the advantage we have though is because of our position, we are moderate and value oriented. we saw we had people trading down from the higher specialty stores.

so, what we said on day one was we were going to focus on lane bryant which we have done.own fashion bug so that is off the table. the other part, charming shoppes is a holding company and had a shared services organization. so we get those over in savings and sin gis. on the conference call. it came from your cfo. it said we did a little better than we thought at the close of the second quarter. we were able to clear fall goods at higher rates. that means things must be clean among your whole group of stores. there were bumps in the road there in february. we saw that walmart memo. at this point. we feel very good not just about the currency of our merchandise. but also about the quality of our merchandise. very small, but so far, so good. you had a lot of turn over and it seems like now you got the team in place. >> limited stores. and linda heaseley is our new president. we are thrilled because we have a great leader and team as well as shared services. dirk is our new cio that is coming onboard. there is a lot of transition that is happening at your company. >> you hav