28 ordspråk av Burt Flickinger

Burt Flickinger

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en The company is in so much of a free fall. It looks like it's going to get worse before it gets better.
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en 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.
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en For busy parents who stock up on baby food and other items, if they can't easily find it in Wal-Mart, they don't have time to go back. They'll just go to the competition. It's critical for Wal-Mart stores to be fully stocked and have experienced staff on weekends.
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en Between warehousing, utilities and transportation costs, retailers have been paying unprecedented premiums for their supply chain. Therefore shoppers will be seeing substantially higher prices by year's end.
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en 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.
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en 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.
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en He's a brilliant person, but did not have extensive executive experience
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en Now, rather than former outsiders having a big voice in the company, it will become more of a meritocracy.
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en Consumers are wearing this year what they wore last year. We're already seeing a slowdown in apparel and accessories and that's a pretty bad barometer going into the winter season.
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en Americans are work-stressed, time-stressed, and they're eating out more. Sugar and fat is tasty and it gives immediate gratification.
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en Food manufacturers will capitalize on fads as long as they're around and its profitable for them. When it's over, it's on to the next thing.
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en 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.
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en 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.
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