The retail business in general is strong, and Federated is doing well, considering it has stores in major cities such as New York and San Francisco, where the affluent shopper is driving a lot of sales.
More Quotes from George Whalin:
Generally retailers would like to have employees come to the store when they most need them. They want to staff stores when they are the busiest, like on weekends, near the holidays or when the weather is good or bad.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.
George Whalin
The no. 1 domestic growth driver will be grocery. Wal-Mart has a lot of room to grow there. It's already the No. 1 grocer in Texas.
George Whalin
They've got locations that Wal-Mart would die for. They're in visible locations in communities where people spend money. There's no reason this thing can't be turned around.
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,
George Whalin
There was overall confidence in the consumer's mind, with jobs stable and gasoline prices going down.
George Whalin
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