Kenneth Dalto
Kenneth Dalto
fixing money staying time
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.
attitudes buying change economic events general number occurred optimism perception pessimism rough
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.
competition fog lost quickly retailers suburbs
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.
auto based cases effects lingering mediocre michigan poor problem retail structural
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.
above almost blow company customer customers cutting employment levels service skeleton stores
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.