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.
finding fit local location major networks promotions retailers tailor united
China's distribution networks aren't as sophisticated as in the United States, especially away from the major cities. Finding the right location is critical. Retailers will have to tailor their marketing, promotions and merchandising to fit local tastes.
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,
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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,
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,
complete finish investment middle realize shopping stop until
If they're in the middle of remodeling this shopping center, they're not going to stop until they finish it. They can't realize their investment until they complete construction.
wise
If they're going to reposition their place in the market, this is the way to do it, ... It's a very wise move.
business county looks
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.