George Whalin
George Whalin
against changed couple decent easier february issues looked quarters sales turnaround until
A couple decent quarters do not a turnaround make. The competitive issues haven't changed that much. February sales looked better but they're also set against easier comparisons. There's still a long way to go until a real turnaround.
business businesses car card credit forget highly selling simply tried turned volatile
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.
business businesses car card credit forget highly selling simply tried turned volatile
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.
die locations people reason spend turned visible
They've got locations that Wal-Mart would die for. They're in visible locations in communities where people spend money. There's no reason this thing can't be turned around.
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.
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,