FastSaying
Food is definitely an additive feature, and it keeps people in the stores longer and keeps them from going anywhere else.
Don Gher
Food
People
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With Wal-Mart, the online component is a step that they have been taking gradually, but it is not a full-on 'this is what we do for a living' business. With Amazon, this is what they do for a living.
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You have to continue to watch the costs. Definitely over the past year and a half or so there has been a real creep up in the selling, general and administrative expenses line because of better benefits.
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It's either an olive branch to acknowledge that they need to do more or others might view it as throwing down the gauntlet for government and business to work together.
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Starbucks is doing a remarkable job of adding new drinks and more stores, and the pace hasn't slowed one bit.
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The bigger story here is the return to historical norm of the sales number. The 7 percent internal growth number will help build a higher level of confidence that the company's investment efforts in hiring sales personnel is paying off.
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