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Golden age Quote by Greg Thain

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““The golden age of discount retailing, where developing a store in a well-chosen location was a formula for printing money, has come to an end.””

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More by Greg Thain

“Marketing aims/image: A retailer that has positioning aims (e.g. trying to improve its image with respect to healthy food or trying to upstage wholesaler…

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“Every dominant brand (such as those listed in Table 5.1) has had to reinvest in mindspace every year to keep its position. However, things…

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“consolidation, coupled with a desire among the survivors to restore normal profit levels, helps to usher in an era of orderly competition based on…

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“If the manufacturer can convince the retailer that delisting will hurt consumer satisfaction and possibly lead to store switching, then that will be second…

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“As retailers have become competitors of manufacturers in many product categories, they reserve more shelfspace for their private label brands and dominate advertising spending…

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“High fixed costs mean that high volumes are an ever-essential objective. One”

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“Importance of price: Price is imperative for FMCG retailers, much more so than for manufacturers. Retailers must constantly keep their real prices competitive and put…

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“Hoping to create a little prestige, some retailers develop and advertise premium clothes sub-brands. In 2006, Myer, one of Australia’s largest retailers, launched a…

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“The shift of power to retailers is not an inevitable phenomenon: technological changes and associated innovative ideas have been instrumental in moving power and…

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“Because retail brands are barely differentiated, they are relatively fragile when compared to the largest manufacturer brands, despite having, in general, much higher awareness…

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“There are some FMCG categories where retailers are destined to control mindspace. These are the low-technology, low-image, low-novelty areas. Retailers are likely to be…

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“In markets where consumers are sensitive to quality differences (e.g. washing powder, instant coffee, sanitary protection) the share for generics and copycats usually plateaus…

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Explore all 206 Greg Thain quotes

More Golden age quotes

We're in a golden age for television. TV 25 years ago was slow, plodding , boring. The production values were not great. Today it's…

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Life's golden age is when the kids are too old to need baby-sitters and too young to borrow the family car.

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I often think that those people are the happiest who know nothing at all of the world, and sitting in the little empire of…

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“Your time is a good time, and though I have to leave, you can stay. How lucky you are to be in the city…

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You just never know when you're living in a golden age.

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I find myself now preaching about the golden age of manned spaceflight, because something went on there, within us, that we’re missing. When we…

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The '50s was the golden age of music all over the world for some crazy, 'X-File'-like reason I can't quite understand.

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“Many 18th- and 19th-century artists rejected, criticized, or ignored the Industrial Revolution. Instead of uplifting man, industry seemed to demoralize and dehumanize him. Men,…

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I am here to tell you, TV is not dead. Rather, it is constantly evolving as we are. My view is that we are…

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“For the Arabs, and the above all for the 1.2 million Arabs of Palestine, the partitioning of the land in which they had been…

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