George Whalin
George Whalin
banking economic markets niche publishing
These little niche markets such as banking and publishing don't make economic sense for Wal-Mart,
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,
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.
customers economy gas hard higher market prices stock time year
The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants. Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.
across afford citizen corporate efforts good importance inform marketing people point public target
No retailer can afford to underestimate the importance of good marketing and public relations. Target also comes across as a better corporate citizen than Wal-Mart because it makes it a point to inform people about its efforts to give back to communities.
baffling guy marketing qualified running
He's not a retailer. He's never been a retailer. The guy who's running merchandizing and marketing is not a guy who's qualified to do that. This is baffling to me. It's mind-boggling.
baffling guy marketing qualified running
He's not a retailer. He's never been a retailer, ... The guy who's running merchandizing and marketing is not a guy who's qualified to do that. This is baffling to me. It's mind-boggling.
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.
apparel heart kids period simply soul today
Discounters and apparel are the heart and soul of this period simply because there are so many kids today that are going to school,
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.
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.
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.
falls hard mall torn
Typically, when a mall falls on hard times, it never recovers. They end up being torn down.
surprised three
I would be very surprised if Kmart doesn't completely go away in the two to three years, or become something completely different,