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Related at Number 17 is discount retail ($1.05T, +3 percent; with $5.1B to print, -3 percent). Wal-Mart, Costco and Lowe’s are registering less than 2 percent growth and are maxed out in locations. To improve “shopping experiences” and look more like top-drawer retailers, the hypermarkets and clubs ($3.5B to print, -10 percent) will begin to reposition with private designer labels and in-store amenities. By ’09, print demand should turn positive.
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- People:
- Jack Welch
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Vincent Mallardi
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Vincent Mallardi, C.M.C., is a the chairman of the Printing Brokerage/Buyers Association International (PBBA) and is a Certified Management Consultant in the paper, printing and converting industries. He is also an adjunct professor in economics. Contact him via email at vince@pbba.org
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