George Whalin
George Whalin
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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.
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Some companies will certainly take advantage of any reason to raise prices. However, when your business is dependent on fleet of vehicles, gas prices may become a legitimate reason for raising prices.
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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.
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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.
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There's business to be had. The driving factors are the catalog and Internet guys.
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The whole consumer electronics industry is seeing a flattening of their business this summer.
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I think the women's business is much tougher than anything else they have been in. It doesn't seem like a natural extension to me. They have begun to get a better selection of merchandise and the business is getting better, but they don't have a real track record here yet.
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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.
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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.
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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.
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These little niche markets such as banking and publishing don't make economic sense for Wal-Mart,
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Technological innovation always precedes demand. It's not necessarily what the market wants or is willing to adapt to,
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Discounters and apparel are the heart and soul of this period simply because there are so many kids today that are going to school,
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I think people are nervous about their jobs and when people get nervous about their jobs, they get very careful about spending.