December 27, 2011

Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article "Sears, Kmart to Close up to 120 Stores After Holiday Sales Slump"

Los Angeles Times

By Shan Li and Ricardo Lopez

Featured Ronald Friedman, Partner, Assurance

Ronald Friedman, Co-Leader, Retail/Consumer Products Industry Group, Quoted in Los Angeles Times Article "Sears, Kmart to Close up to 120 Stores After Holiday Sales Slump"

Excerpt:

In the article, Mr. Friedman said, “The stores are not fresh and appealing, and the company has not invested in modernizing them and keeping people wanting to come back.”

Additionally, Mr. Friedman said, “They remind me of J.C. Penney many, many years ago — they were known for cheap, junky-looking stores before they went in and modernized all the stores.”

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Retail & Consumer Products

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Ronald  Friedman

Ronald Friedman

Partner

  • Assurance
  • Los Angeles, CA