28 ordspråk av Burt Flickinger
Burt Flickinger
Most retailers made major mistakes of putting their distribution centers at greater distances from each other when energy prices came down and stayed stable in the 80s and 90s . Retailers are long-hauling freight anywhere from 300 to 700 miles. With 50 cents a mile for a 20-ton diesel freight truck, it adds up.
|
New York will take the entire country down about 1 [percent] to 1½ percent.
|
No matter what the stores do, they still seem to not be able to stimulate spending.
|
Now, rather than former outsiders having a big voice in the company, it will become more of a meritocracy.
|
Retail planning has a very long lead time and it's tightly controlled,
|
Retailers are really getting squeezed especially in the largest retail sector, which is the supermarket sector. In the discount sector, Sears and Kmart would be at significant risk.
|
Shoppers are outsmarting the stores even more this year and waiting until the last minute to get the best deals,
|
Starting with the recession in the mid-70's, the worse the economy got the better Wal-Mart sales would be. Now, like everybody else, Wal-Mart is using every excuse in the book to disguise company-specific problems.
|
The biggest implication of Wal-Mart bringing payment processing in-house is the potential for it to save an unprecedented amount of money in yearly fees.
|
The company is in so much of a free fall. It looks like it's going to get worse before it gets better.
|
The good news is that a lot of shoppers are postponing purchases and going out the last week of the year. So there will be a real sales surge next week, which will help retailers.
|
Wal-Mart and Target have both been criticized for their eminent domain use.
|
When it comes to their eating habits, consumers will continue to choose the proverbial sin over salvation -- or fat and sugar -- over the lack of it.
|