The tactic did not expand Gap's customer base. It only served to alienate its more traditional, khaki-wearing crowd. As sales tanked, the company slashed prices to liquidate excess inventory. In the process, Gap gained a reputation as a rampant discounter, and the brand lost some of its cachet. - Joseph Beaulieu Quotes
The tactic did not expand Gap's customer base. It only served to alienate its more traditional, khaki-wearing crowd. As sales tanked, the company slashed prices to liquidate excess inventory. In the process, Gap gained a reputation as a rampant discounter, and the brand lost some of its cachet. Joseph Beaulieu
 

More - Joseph Beaulieu Quotes

The stock right now is very cheap, the company just hasn't done anything to give investors confidence. Investors are going to have to see proof. I do a lot of store visits and it's very disappointing to see how much is on sale. - Joseph Beaulieu Quotes

The stock right now is very cheap, the company just hasn't done anything to give investors confidence. Investors are going to have to see proof. I do a lot of store visits and it's very disappointing to see how much is on sale.

Joseph Beaulieu

 Company
I don't think these companies results have merited getting hit this hard, but investors are getting concerned with consumer spending as we move into the all-important Christmas season. - Joseph Beaulieu Quotes

I don't think these companies results have merited getting hit this hard, but investors are getting concerned with consumer spending as we move into the all-important Christmas season.

Joseph Beaulieu

 
Having that backlog helped IBM through the worst part of the recession. - Joseph Beaulieu Quotes

Having that backlog helped IBM through the worst part of the recession.

Joseph Beaulieu

 
It's the right thing to do. Food is a major traffic driver. People who go to Target for groceries will also pick up laundry detergent and paper towels. - Joseph Beaulieu Quotes

It's the right thing to do. Food is a major traffic driver. People who go to Target for groceries will also pick up laundry detergent and paper towels.

Joseph Beaulieu

 Food
The tactic did not expand Gap's customer base. It only served to alienate its more traditional, khaki-wearing crowd. As sales tanked, the company slashed prices to liquidate excess inventory. In the process, Gap gained a reputation as a rampant discounter, and the brand lost some of its cachet. - Joseph Beaulieu Quotes

The tactic did not expand Gap's customer base. It only served to alienate its more traditional, khaki-wearing crowd. As sales tanked, the company slashed prices to liquidate excess inventory. In the process, Gap gained a reputation as a rampant discounter, and the brand lost some of its cachet.

Joseph Beaulieu

 
Companies that do really well either minimize something like prices, or maximize something like luxury. It's the companies in the middle that are going to be squeezed. - Joseph Beaulieu Quotes

Companies that do really well either minimize something like prices, or maximize something like luxury. It's the companies in the middle that are going to be squeezed.

Joseph Beaulieu

 Luxury
The stock has really soared since the beginning of October. I think the stock is worth $27 to $28, so I wouldn't be surprised if it gave back a little bit. - Joseph Beaulieu Quotes

The stock has really soared since the beginning of October. I think the stock is worth $27 to $28, so I wouldn't be surprised if it gave back a little bit.

Joseph Beaulieu

 
As of the September quarter it didn't appear that things were getting any better. - Joseph Beaulieu Quotes

As of the September quarter it didn't appear that things were getting any better.

Joseph Beaulieu

 
The questioning [about compensation] on conference calls hasn't gotten any tougher than it was four years ago. - Joseph Beaulieu Quotes

The questioning [about compensation] on conference calls hasn't gotten any tougher than it was four years ago.

Joseph Beaulieu

 
This is the first that I've heard of Gap actually revealing what their growth plan is for the brand. - Joseph Beaulieu Quotes

This is the first that I've heard of Gap actually revealing what their growth plan is for the brand.

Joseph Beaulieu

 Growth
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