Quotes About Retail

We opened one, store number 8 in Morrilton, Arkansas, that was really a sight. We rented this old Coca-Cola bottling plant. It was all broken up into five rooms, and we bought some old fixtures from a failing Gibson's store for $3,000. We hung them by baling wire from the ceiling. We had clothes hanging in layers on conduit pipe all the way to the ceiling, and shelves wired into the walls. But this was really a small, small town, so number 8 was another experiment. We

Now, Charlie, here's what you do: on this feature bin you put three for $1.00 panties, and on this one you put four for $1.00. And you put these nylons right in between the two of them. And then watch em sell.' And they did. Like crazy.

We've got our first ad from the July 29, 1950, Benton County Democrat on display today down at our Wal-Mart Visitors Center. It's for the Grand Remodeling Sale of Walton's Five and Dime, promising a whole bunch of good stuff: free balloons for the kids, a dozen clothespins for nine cents, iced tea glasses for ten cents apiece. The folks turned out, and they kept coming. Although we called it Walton's Five and Dime, it was a Ben Franklin franchise

our main real estate effort should be directed at getting out in front of expansion and letting the population build out to us. Just like in the beginning, we start around these small towns, people drive past our stores, get to know us, and become customers.

Plus, as I've said, if you don't want to work weekends, you shouldn't be in retail. But

Hello, friends, I'm Sam Walton, founder and chairman of Wal-Mart Stores. By now I hope you've shopped in one of our stores, or maybe bought some stock in our company.

I was impressed with the giant Carrefours stores in Brazil, which got me started on a campaign to bring home a concept called Hypermart—giant stores with groceries and general merchandise under one roof.

Sam wouldn't let us hedge on a price at all. Say the list price was $1.98, but we had only paid 50 cents. Initially, I would say, 'Well, it's originally $1.98, so why don't we sell it for $1.25?' And he'd say, 'No. We paid 50 cents for it. Mark it up 30 percent, and that's it. No matter what you pay for it, if we get a great deal, pass it on to the customer.' And of course that's what we did." It

We are a nation of shop keepers.

We got to know the competition very well. In the '50s popcorn made a big growth in sales. Our main push was to produce the best quality and sell in quality retail outlets.

We expanded the brand to include a whole line of apparel and accessories, but we quickly learned that it was not good to have one channel of distribution.

At HSN, entertainment has quickly become a core part of who we are and is a key differentiator from others in the retail landscape.

Mango has always been on my radar of good high street brands, but its quality sets it apart for me.

When commercial banking opened up for the private sector, I set up the retail-banking division for ICICI and grew it substantially. I then ran the international side of the ICICI Bank for a few years.

I live at Gap Kids; I think they have the cutest stuff. I barely buy anything for myself, but my daughter has quite the collection.

I'm a plus-size person, so when I tried to go into the Gap, I used to just walk out of there shaking my head because they have nothing that fits me.

I don't think malls are going to go away. People still need somewhere to go, but they do have to evolve.

Shopping at any level is a bit of therapy for my medulla oblongata.

I shop, therefore I am.

I used to be a retailer, and I find it discouraging when somebody comes in and they pick something up and they say, 'Now if you'll sell it to me without the sales tax, I'll buy it.'

I like being able to go grocery shopping and not feel that I'm fighting a thousand people.

Out-of-town supermarkets usually have the lowest prices, while the highest prices are charged by motorway service stations.

Shopping eased the pain. -Hailey, Retail Therapy

The future of retail is the integration of Internet and digital services with the retail network.