Charlie O'Shea

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Last quote by Charlie O'Shea

Stores are still an asset and Wal-Mart is demonstrating that with this effort. Jet is in a lot of ways Wal-Mart discovering fire for a bricks-and-mortar retailer. We're starting to see [it] really start to roll.feedback
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Apr 12 2017 Walmart
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Charlie O'Shea is associated, including China, Wal-Mart, and retail. Most recently, Charlie O'Shea has been quoted saying: “You've got retailers out there that leveraged up ... at a time when retailers need as much financial flexibility as they can get to be able to transition online. If you can't make that online transition, you're going to end up where we're seeing a lot of retailers today – with competitive positions that are weakening, some acute liquidity problems and it ends up being a perfect storm.” in the article Retail is experiencing 'a perfect storm, ' analyst says.
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Charlie O'Shea quotes

S decision makes even more sense in the scope of its Jet deal, which closed last month, O.feedback

You just spent $3.3 billion accruing this asset. You've got to maximize it ... and that's what they're doing.feedback

You extend the brand and you deepen the relationship with consumers.feedback

I don't think any retailer that is savvy and gets it is building new stores and not having least almost a full one eye on where it fits in a multi-channel strategy. Everybody's probably thinking that way and if not, they probably should be.feedback

Total retail sales including vehicles roughly exceeds $4 trillion in 2016. The very high level of debt repayment is money that could be spent elsewhere in the economy.feedback

The only potential 'non-losers' may be the retailers that typically benefit from the 'trade-down' effect.feedback

These guys aren't just kind of sitting there and letting the world do what it wants to do. Amazon's got this huge lead. That lead is going to be tough to relinquish but there's a lot of [share] out there.feedback

This acquisition in tandem with its joint-venture in China with JD.com, demonstrates that Wal-Mart is attacking online retail with significant zeal. As we believe 'catching' Amazon online is an unrealistic goal for any brick-and-mortar retailer, Wal-Mart now has a definite leg up on its competitors in the very important race to be No. 2 online.feedback

I've always wondered why it's taken so long to cull the U.S. store base because they really haven't done much of it over the past several years.feedback

One major takeaway for us is Best Buy's discipline thus far surrounding pricing, as it does not appear the company was chasing low-margin sales.feedback

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