There's business to be had. The driving factors are the catalog and Internet guys.
More Quotes from George Whalin:
Discounters and apparel are the heart and soul of this period simply because there are so many kids today that are going to school,George Whalin
Typically, when a mall falls on hard times, it never recovers. They end up being torn down.
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
Technological innovation always precedes demand. It's not necessarily what the market wants or is willing to adapt to,
George Whalin
I think the women's business is much tougher than anything else they have been in. It doesn't seem like a natural extension to me. They have begun to get a better selection of merchandise and the business is getting better, but they don't have a real track record here yet.
George Whalin
It's a highly volatile business and simply not Wal-Mart's specialty, ... Let's not forget that Sears tried getting into a lot of other businesses -- it was selling insurance, it had a car rental service, a credit card business. It turned out to be a disaster.
George Whalin
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