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