I told God he had to give me the strength of 10 people. And you know, he did. That's the only way I could have managed something as crazy as this.
This is not going to hit Wal-Mart in the next quarter. It will be hanging out over it like the sword of Damocles.
To skip straight over moderate and go directly to the low- end consumer doesn't make sense. It would be a tough sell for Kohl's to get him, let alone a Wal-Mart.
There are so many moving parts right now. It's like watching someone walk through a bedroom in the dark. You're not sure if they're going to make it to the bathroom or stub their toe.
If I live to be a couple hundred years old, the story will not change,
All the parents were promised things, and they never gave them.
If parents don't plant the crop, they won't reap the harvest,
They had an absolutely fabulous quarter as far as the holidays were concerned. They had a lot of must- have items that hit you the second you walked in the door.
It is really difficult for Wal-Mart to go into a new country and just build from the ground up. They're doing it in China. But if you look at anywhere else they have gone into, they have always partnered with a local company of some sort.
I told parents that if John L. Smith had been there to tell parents how to help their children get on the MSU football team, there would have been a packed house,
They take care of their people. And they expect their people to take care of their customers in response.
They have very slim margins already and I find it hard to believe that they're not going to have to step up and do more in terms of health care and that's going to affect their margins, and therefore their earnings.
For the Wal-Mart audience, it's absolutely a factor. It is hurting a lot of people's back-to-school shopping.
It's a nice gesture and it will buy them positive publicity. If this gives them the ability to build stores in Maryland and other places that have not been very pleased with them, it will be money well spent.