We believe Lewis is the better person to lead a customer-centric business,
More Quotes from Richard Hastings:
Wal-Mart's much slower rate of sales growth in November clearly shows this is a matured global business, ... As supermarket goods continue to increase as a percentage of sales -- and this includes consumables and perishables sold in big volume at Sam's Club -- we will expect to see a persistently slower rate of top line growth.Richard Hastings
Retailers know that many people will wait until after Christmas for the big purchases. So they don't want to go too far into the holidays with excess inventory that they eventually will heavily discount.
Richard Hastings
Our recent visits to some stores indicate better controls over displays, clutter, and shelf appearance, necessary steps to stabilize store aesthetics in support of their apparel initiatives.
Richard Hastings
Unlike Europe, Asian markets are more receptive to big-box formats, ... The model of relationships between households, labor, production, the market and resources are more easy to replicate there.
Richard Hastings
Mass merchandising and discount retailing is moving in a big way toward private labels and exclusive designer brands, ... That Wal-Mart is rumored to be contemplating something like this is logical, given the trend in the industry.
Richard Hastings
The capital markets are so liquid, despite some of the increase in borrowing costs, that they create wonderful choices for consumer companies like Tommy Hilfiger and J. Crew to go private, ... break themselves into pieces, gobble someone else's pieces or just try to raise money to get bigger.
Richard Hastings
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Based on Topics: Business & Commerce QuotesBased on Keywords: customer-centric
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