Monday, September 26, 2005
Fewer people are reading this blog because of gas prices
Not meeting your numbers? Afraid that people may question your leadership? Relax. You've got the alibi de tutti alibis in fuel prices. And product category doesn't matter! First, high gas prices were blamed for keeping working-class consumers away from roadside restaurants and Wal-Marts. Reasonable. Now, it's why beer isn't selling at convenience stores. OK. But when Estee Lauder blames poor quarterly profits on "higher gas prices curbing consumer spending," you know it's become the corporate equivalent of "the dog ate my homework" -- only no one questions it!