They have significant challenges ahead. May stores had a lot of loyal customers, and it won't be easy to convert them.
More Quotes from George Whalin:
I don't think the union-based special interest groups and the government are two separate issues. I think they're tied together. Now more than ever Wal-Mart is facing a lot of pressure coming from so many different directions. I think that's why Wal-Mart is putting more effort into communicating with the media.George Whalin
E-tailing's on fire This is a banner year for online retail sales, ... The weather was an enormous factor for the big holiday sales numbers. The other factor is that consumers are much more comfortable using the Internet and they're appreciating the convenience of it.
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
On the other hand, every major retailer subscribes to weather consulting firms that give seasonal forecasts over a period of a year in advance. They can better plan inventory accordingly.
George Whalin
A couple decent quarters do not a turnaround make. The competitive issues haven't changed that much. February sales looked better but they're also set against easier comparisons. There's still a long way to go until a real turnaround.
George Whalin
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