George Whalin
George Whalin
careful jobs nervous people
I think people are nervous about their jobs and when people get nervous about their jobs, they get very careful about spending.
confident far holding jobs market people
It's all about jobs. As long as people are confident about their jobs and being able to find one, they will spend. The job market so far is holding up well.
business consumer industry seeing
The whole consumer electronics industry is seeing a flattening of their business this summer.
moves
This was life-and-death for them, ... They had to make some moves to make this thing profitable.
figure jury trying whether
We're still trying to figure out what they're doing. The jury is still out on whether Kmart is even going to survive.
center except fashion issue maybe risk shopping
When you look at any shopping center these days, the risk issue is significant. Except maybe at Fashion Valley.
falls hard mall torn
Typically, when a mall falls on hard times, it never recovers. They end up being torn down.
blames breaking cite continuing either excuse forgiving major retailers sales satisfy street tailored wall weather
We're continuing to see retailers cite the weather for either making or breaking their sales numbers. Frankly, I think is an excuse tailored to satisfy Wall Street. Wall Street is a little more forgiving if a major retailer blames weather for disappointing sales.