Quotations
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George Whalin Quotes
«It's not a coincidence that we're hearing China come up so much lately. Many companies were simply waiting to observe Wal-Mart's mistakes first and then plan their entry.»
Author: George Whalin
«Lowe's and Home Depot may have got caught in the middle of this. Retailers are under tremendous pressure by Wall Street to keep growing.... Should that be at the cost of a community? I don't think so.»
Author: George Whalin
«Consumers have fewer distractions now. There's no threat of war any longer and the fourth quarter is traditionally a very strong sales period. But it's not going to be gangbusters.»
Author: George Whalin
«I would be very surprised if Kmart doesn't completely go away in the two to three years, or become something completely different.»
Author: George Whalin
«The upper end of the economy has done very well and the stock market is at a 3-1/2 year high. This bodes well for the high-end merchants. Discounters would have had a hard time because their customers were impacted by higher gas prices and uncertainty about jobs.»
Author: George Whalin
«It's a highly volatile business and simply not Wal-Mart's specialty. Let's not forget that Sears tried getting into a lot of other businesses -- it was selling insurance, it had a car rental service, a credit card business. It turned out to be a disaster.»
Author: George Whalin
«There isn't going to be any doubt that they're going to close some stores. It may be substantial.»
Author: George Whalin
«One thing everyone looks at when you get down to that part of the county is how much business you will get from Mexico. That is a very important part of the equation.»
Author: George Whalin
«We're still trying to figure out what they're doing. The jury is still out on whether Kmart is even going to survive.»
Author: George Whalin
«Typically, when a mall falls on hard times, it never recovers. They end up being torn down.»
Author: George Whalin