George Whalin
George Whalin
wise
If they're going to reposition their place in the market, this is the way to do it, ... It's a very wise move.
confidence gasoline jobs overall prices stable
There was overall confidence in the consumer's mind, with jobs stable and gasoline prices going down.
business county looks
One thing everyone looks at when you get down to that part of the county is how much business you will get from Mexico. That is a very important part of the equation.
close doubt
There isn't going to be any doubt that they're going to close some stores. It may be substantial.
surprised three
I would be very surprised if Kmart doesn't completely go away in the two to three years, or become something completely different,
business businesses car card credit forget highly selling simply tried turned volatile
It's a highly volatile business and simply not Wal-Mart's specialty. Let's not forget that Sears tried getting into a lot of other businesses -- it was selling insurance, it had a car rental service, a credit card business. It turned out to be a disaster.
business businesses car card credit forget highly selling simply tried turned volatile
It's a highly volatile business and simply not Wal-Mart's specialty, ... Let's not forget that Sears tried getting into a lot of other businesses -- it was selling insurance, it had a car rental service, a credit card business. It turned out to be a disaster.
across afford citizen corporate efforts good importance inform marketing people point public target
No retailer can afford to underestimate the importance of good marketing and public relations. Target also comes across as a better corporate citizen than Wal-Mart because it makes it a point to inform people about its efforts to give back to communities.
apparel heart kids period simply soul today
Discounters and apparel are the heart and soul of this period simply because there are so many kids today that are going to school,
consumer employee fancy gimmicks impact people rude run shop store turn
All these new gimmicks are very interesting but the jury's still out about their impact on the consumer or if they'll be cost-effective in the long run ... People don't shop at a store because of one thing but a combination of factors. Even if shoppers like the fancy technology, a rude employee can turn them away from the store.
complete finish investment middle realize shopping stop until
If they're in the middle of remodeling this shopping center, they're not going to stop until they finish it. They can't realize their investment until they complete construction.
maybe
That's pretty lofty, and maybe a little unrealistic.
caught cost home middle pressure retailers street tremendous wall
Lowe's and Home Depot may have got caught in the middle of this. Retailers are under tremendous pressure by Wall Street to keep growing.... Should that be at the cost of a community? I don't think so.
finding fit local location major networks promotions retailers tailor united
China's distribution networks aren't as sophisticated as in the United States, especially away from the major cities. Finding the right location is critical. Retailers will have to tailor their marketing, promotions and merchandising to fit local tastes.