George Whalin
George Whalin
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.
attracting good mall problem stores
If the mall has other good stores in it, they shouldn't have any problem attracting other retailers.
challenges convert easy loyal stores
They have significant challenges ahead. May stores had a lot of loyal customers, and it won't be easy to convert them.
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.
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.
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.
consumer employee fancy gimmicks impact people rude run shop store turn
All these new gimmicks are very interesting but the jury's still out about their impact on the consumer or if they'll be cost-effective in the long run ... People don't shop at a store because of one thing but a combination of factors. Even if shoppers like the fancy technology, a rude employee can turn them away from the store.
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.
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,
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.
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.