Quotations

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Burt Flickinger Quotes

«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.»
«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.»
«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.»
«He's a brilliant person, but did not have extensive executive experience»
«Now, rather than former outsiders having a big voice in the company, it will become more of a meritocracy.»
«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.»
«Americans are work-stressed, time-stressed, and they're eating out more. Sugar and fat is tasty and it gives immediate gratification.»
«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.»
«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.»
«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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