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Letter "G" » George Whalin Quotes
«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.»
«These are not cookie-cutter businesses. They require unique discipline and mind set.»
«The no. 1 domestic growth driver will be grocery. Wal-Mart has a lot of room to grow there. It's already the No. 1 grocer in Texas.»
«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.»
«These little niche markets such as banking and publishing don't make economic sense for Wal-Mart,»
«Retailers have to be aggressive in the coming weeks. Those with attractive discounts will do well.»
«On the other hand, every major retailer subscribes to weather consulting firms that give seasonal forecasts over a period of a year in advance. They can better plan inventory accordingly.»
«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.»
«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.»
«The whole consumer electronics industry is seeing a flattening of their business this summer.»