David Livingston Quotes
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This is still pretty new and I haven`t seen retailer results. But if it was a really successful program, more retailers would open them and the larger players would open a lot more.
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These types of stores usually locate in an area where people have a higher education level, a higher median age and smaller family sizes. The community is usually wealthier and has discretionary income.
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These people make some pretty high dollars, and they`re usually 50 to 55 years old. It`s not easy to get a new job paying that kind of money.
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Now it`s a good time to leave the company, ... The stock price is up, and the company has spent all its money on acquisitions. Marshall has built a little house of cards that is about to fall.
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My gut feeling is they have no intention of operating supermarkets long-term. I think they want to preserve it the best they can while they`re in the process of liquidating.
| Name | David Livingston |
