Burt Flickinger
Burt Flickinger
department year
It was a really disappointing year for department stores, particularly those in New York.
decline dramatic either less low percent relationship sales weather
About 95 percent of the time, weather is an unrealistic excuse, ... Less than 5 percent of the time, there's either a very low or no relationship at all between weather and a dramatic decline in sales and profits.
great strategic
It's a superb strategic acquisition for Bon-Ton and a great disposition for Saks,
people sad work
It's a sad day, with more than 100 people out of work during the holidays.
challenge key presents states
It presents a challenge to Wal-Mart, especially in key battleground states like California,
baby busy critical easily food fully parents staff stock stores time
For busy parents who stock up on baby food and other items, if they can't easily find it in Wal-Mart, they don't have time to go back. They'll just go to the competition. It's critical for Wal-Mart stores to be fully stocked and have experienced staff on weekends.
capitalize fads food next profitable
Food manufacturers will capitalize on fads as long as they're around and its profitable for them. When it's over, it's on to the next thing.
eating fat gives immediate sugar tasty
Americans are work-stressed, time-stressed, and they're eating out more. Sugar and fat is tasty and it gives immediate gratification.
conscience consumers shifting
Consumers increasingly have a conscience and are increasingly shifting to competitors.
apparel bad barometer consumers last seeing wearing winter wore year
Consumers are wearing this year what they wore last year. We're already seeing a slowdown in apparel and accessories and that's a pretty bad barometer going into the winter season.
department five nearly softness store time
For the first time in nearly five years, there is a real softness in the upper-tier department store sector.
company free gets looks worse
The company is in so much of a free fall. It looks like it's going to get worse before it gets better.