Within the past 24 hours, they've opened a number of different options that weren't available 24 hours ago, ... They could reemerge as a smaller, more competitive company with stable cash flow. If I were Wal-Mart, I would be more concerned now than if Kmart hadn't filed. -Wayne Hood

 

Within the past 24 hours, they've opened a number of different options that weren't available 24 hours ago, ... They could reemerge as a smaller, more competitive company with stable cash flow. If I were Wal-Mart, I would be more concerned now than if Kmart hadn't filed.


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This quote is just one of 6 total Wayne Hood quotes in our collection. Wayne Hood is known for saying 'Within the past 24 hours, they've opened a number of different options that weren't available 24 hours ago, ... They could reemerge as a smaller, more competitive company with stable cash flow. If I were Wal-Mart, I would be more concerned now than if Kmart hadn't filed.' as well as some of the following quotes.

The closings are important, but what is more important is the strategic direction they are going to take going forward, ... How are they going to improve profitability at existing stores?

Wayne Hood

The departure could not have come at a more inopportune time.

Wayne Hood

Clearly they're losing share to the specialty guys, and they're suffering really from a downturn in the economy. ...Unfortunately Saks is at the high end and the moderate end and both of those have suffered. On top of that, you have significant exposure to New York and the metropolitan region, so it's a double whammy with the economy and September 11.

Wayne Hood

Within the past 24 hours, they've opened a number of different options that weren't available 24 hours ago, ... They could reemerge as a smaller, more competitive company with stable cash flow. If I were Wal-Mart, I would be more concerned now than if Kmart hadn't filed.

Wayne Hood