“We expected a difficult comparison this year, and this has been compounded by the significant reduction in inventories and increased seasonality of purchasing patterns at Toys 'R' Us.”
Alan Hassenfeld
“Our projected results for the current quarter reflect short-term competitive inventory pressures, significant price reductions throughout the market and softened consumer demand over the past two months. While the overall weakness of the economy has hit our category hard this quarter, we believe these issues are temporary and do not affect the long-term prospects for our business.”
Donna Dubinsky
“We lowered prices so significantly over the last 15 months, there have been five significant price reductions,”
Jeff Bezos
“This year we have not done a thorough enough job going through the budget to look for reductions. A 7 percent increase is too much for the increasingly stressed taxpayers in this town to handle. With less money, I believe that we would still be able to sustain the high quality schools that we have.”
Tom Fiorentino
“Inflation for August was 0.1 per cent a welcome reduction from the previous months. While increases in bus fares and oil-related increases are likely to have a negative impact in September, assuming we have no adverse weather events, food prices are likely to fall as supply increases. The trend, therefore, should be for the inflation rate to return to lower levels.This should have a positive effect on inflation expectations.”
Colin Steele
“We were seeing about 500 more reductions this year.”
Lesa Roe
“The increase was primarily a result of reductions in discount rates to 4% for German pension plans and to 5.4% for non-German pension plans.”
Bodo Uebber
