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Non-Tech : Hills Stores (HDS)- 7th largest retail chain -- Ignore unavailable to you. Want to Upgrade?


To: Mr. Jens Tingleff who wrote (95)4/10/1998 7:37:00 AM
From: Bosco  Read Replies (2) | Respond to of 201
 
Dear Jens - I agree with you that there is no a whole lot of info to judge the state of the ship. People tend to react whenever the number is -ve. Evidently, a couple of other retailers also think that the shift of the Easter holiday has reduced their traffic.

In term of comparable figures, I believe the 10 stores less total count is history going forward. I also agree with you knowing the progress of the system status is of interest. I don't suppose it is fully implemented yet. It will have a material effect on earnings, but it is factored in. So if there is no major glitch, it will be a major cost container down the road. Of course, there is always a possibility of major problems. AFAIK, point of sale systems are not that problematic, so it is not a serious possibility at this point. Manufacturing and distribution systems like that of StrideRite nearly killed that co.

Kr, Bosco