George Whalin
George Whalin
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.
chicago deciding presence sell stores wants
I think May deciding to sell its Chicago stores to Federated is a very real possibility, ... Federated desperately wants more of a presence in the Midwestern market.
rid soon
They need to be rid of (Rampage) as soon as possible.
buddy capture channel companies concept future good operating shopping ways
The shopping buddy is an interesting concept but it's essentially an experiment. The future of traditional supermarkets isn't that good right now and companies operating in the channel have to find ways to capture the consumer's attention.
employees generally good holidays near retailers staff store stores weather
Generally retailers would like to have employees come to the store when they most need them. They want to staff stores when they are the busiest, like on weekends, near the holidays or when the weather is good or bad.
adapt innovation market precedes wants willing
Technological innovation always precedes demand. It's not necessarily what the market wants or is willing to adapt to,
boycott cause folks hurt hurts realize smaller worse
I realize that these folks have got a cause but they hurt the smaller retailers. The boycott hurts them worse than anybody.
consulting forecasts inventory major period plan weather year
On the other hand, every major retailer subscribes to weather consulting firms that give seasonal forecasts over a period of a year in advance. They can better plan inventory accordingly.
banner consumers enormous factor holiday internet online retail sales using weather year
This is a banner year for online retail sales. The weather was an enormous factor for the big holiday sales numbers. The other factor is that consumers are much more comfortable using the Internet and they're appreciating the convenience of it.
banking economic markets niche publishing
These little niche markets such as banking and publishing don't make economic sense for Wal-Mart,
domestic driver growth room
The no. 1 domestic growth driver will be grocery. Wal-Mart has a lot of room to grow there. It's already the No. 1 grocer in Texas.
moves
This was life-and-death for them, ... They had to make some moves to make this thing profitable.