Quotes by Mark Husson

“I dont think the DNA of Wal- Mart has changed at all. Its like a religious cult: it has a low-cost gospel to bring to the country and sees it as a divine duty to do that, and nothing is going to get in its way. It will do what it has to do and say what it needs to say to get there.”

“They said they were investing in their growth, which is something we pay management to do. The fact that the market takes this perverse view is baffling.”

“There seems to be no sign of inflation.”

“I think its a bit ho-hum. Its not a bad number, but if you open stores at 5 in the morning and give away free breakfasts and 4.3% is all you can do, in the most aggressive [day-after-Thanksgiving] campaign ever mounted by anyone, I think it says that the consumer doesnt have the money to spend.”

“Weve got momentum sellers. The company didnt beat the earnings forecast on the upside.”

“Shareholders basically have got more debt, more fees, more equities.”

“I think the natural foods industry has been a tremendous success as a cottage industry, and I think the larger players now are needing to take it to the next level and get the economies of scale that are due to major mainstream companies.”

“Theres no breakout here, no brave new world experience here, but at least theres no breakdown. So when youve got something thats teetering on financial insolvency that does better, its sort of encouraging.”

“Its an essential move. Winn-Dixie was in a downward spiral, and this kind of restructuring helps them pull out of it. If youve got a body thats sick, you perform major surgery. What were seeing here is that major surgery.”

“There is a terribly fine line. So, what the retailers are doing is using computers to do the work for them so they can downgrade their staffing quality.”