Thursday, September 21, 2006

"Vibrant" for some. For others, not so much.

What's a Danish guy gonna do with all those Pier 1 shares? "Investors have speculated that Jacobsen may be interested in acquiring U.S.-based retailing operations at a discount in order to build up his foothold in this country's vibrant consumer market." Oh. I see.

2 comments:

Make the logo bigger said...

Does he mean the vibrant consumer market for over-priced wicker? Dovetails nicely with Ikea's over-priced balsa wood furniture strategy.

Irene Done said...

I think that's what we're looking at here. After all, Mr. Jacobsen's European retail chain is described as a "Danish Ikea."