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.
business changes consumers decided department enormous favorite format future gone great last places retail store stores
The department store business has gone through enormous changes in the last 10 years and we aren't through yet. It's a retail format that doesn't have a great future in it. Consumers have decided traditional department stores aren't their favorite places to shop.
benefits customer driven great objective putting reduce retailers saying service spin
Retailers are putting a great spin on this, saying that the customer benefits in the end. However, the self-checkout is not driven by customer service but by the retailer's objective to reduce costs.
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.
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.
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.
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.
affluent business cities driving general major retail san stores york
The retail business in general is strong, and Federated is doing well, considering it has stores in major cities such as New York and San Francisco, where the affluent shopper is driving a lot of sales.
china companies hearing mistakes observe plan simply waiting
It's not a coincidence that we're hearing China come up so much lately. Many companies were simply waiting to observe Wal-Mart's mistakes first and then plan their entry.
china companies hearing mistakes observe plan simply waiting
It's not a coincidence that we're hearing China come up so much lately, ... Many companies were simply waiting to observe Wal-Mart's mistakes first and then plan their entry.
attracting good mall problem stores
If the mall has other good stores in it, they shouldn't have any problem attracting other retailers.