A number of events occurred that will change the buying attitudes and optimism of consumers. There's a general perception of very rough economic times ahead, pessimism and insecurity. |
In 2005, we thought it was the lingering effects of the recession. But retail is going to be more mediocre and in some cases poor in 2006 because of a deeper, structural problem that is based on Michigan 's auto economy. |
It makes sense not to get lost in the fog of retailers on every corner. There is so much off-price retail competition in the suburbs that they would quickly get lost. |
People are consumers first, union members second. They aren't loyal when it comes to their pocketbook. They do what's best for the families with the best buys and products. |
Staying is not going to work. This is not just like fixing one store. This will take a lot of money and time to fix. |
This is a little above a skeleton crew. It's a blow to the customer service of the company. Cutting stores to these employment levels is almost like self-help. They're (saying) they will not get customers back through customer service. |