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Gagarin

Looking For An Interview / Quote Hunt

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Hi everyone, 

 

New poster here but this is a fantastic looking forum and website!

 

I'm looking for a presentation/interview quote. 

The 'gist' is the following: "Sears always paid their bills. We found out that in retail nobody pays their bills on time. They would withhold payment if we didn't ship them more inventory. We didn't know how good we had it with Sears."

 

I believe it's Bushnell speaking. Basically it's about how hard the consumer space was.

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Welcome to the forums Gagarin! I will have to hunt down that exact quote, I know I've heard Nolan say that more than once. He has a similar discussion about how difficult retail was and his dealings with Sears in this video around the 6:30 mark:

 

 

https://www.youtube.com/watch?v=8xvnxZI5QXo

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