Neil Stern
Neil Stern
amount california difficult estate fair ground including northern owns percent
Albertson's owns the ground under about 60 percent of their stores, including a fair amount in California. With Northern California real estate so difficult to come by, that has its own value.
access fast format grow human people resources train
Their format is not only capital-intensive, it's people-intensive. Literally, they can't train people fast enough. Even if they have access to capital, from a human resources standpoint, they can't grow any faster.
adapt chain stores volume
The volume is there, but the chain stores have to adapt their practices.
proven successful
CVS has proven to be very successful in doing acquisitions.
appeal available believe currently estate ethnic home locations mostly positive stores strip type
Anna's Linen stores are mostly in what are called 'B' type locations or strip malls. We think that there's a lot of real estate currently available in that format. The other positive for the retailer is its appeal to ethnic communities, which we believe are underserved in the value-priced home furnishings arena.
acquired country far finding gone successful
What they are finding so far internationally, is that when they have gone into a country and acquired or partnered with a successful established retailer they have done very well.
certainly generate looking profit traffic
Every retailer is looking to generate more trips. It's certainly not a profit driver; it's being used as a traffic driver.
border expanding northern sort suburbs western
They sort of crept over the border from the north, and are now sort of expanding into the northern suburbs and western suburbs.
bigger designed houses major people power room sell store tools
Sears is a store that is designed for suburbia. They sell a lot of things like major appliances, barbecues and power tools that intrinsically go to people with bigger houses and garages and room to put this stuff.
bigger designed houses major people power room sell store tools
Sears is a store that is designed for suburbia, ... They sell a lot of things like major appliances, barbecues and power tools that intrinsically go to people with bigger houses and garages and room to put this stuff.
brand indicative means
It's perceptually indicative of how a brand is performing. If it's going down, that means their satisfaction is going down.
convert either forever format operate option second stores
Forever 21 has the option to operate either a second format or convert those Gadzooks stores into its own brand,
ultimate
It's the ultimate credibility to say, 'Go see who we are,'
almost clean comfort families family focused good mix throwback
It's almost a throwback concept. They're very clean stores. They're wholesome; very much focused on comfort food. They have very much a family orientation; a good mix of families and young kids.