Burt Flickinger Great Quotations

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.

It's a superb strategic acquisition for Bon-Ton and a great disposition for Saks,