What They’re Thinking: Chip Player
In Charlotte, the economy is still strong. Our housing values increased 1.9 percent last year, and we were only one of four markets to see increases. Housing starts have slowed down. But I disagree with Warren Buffet; I don’t think we’re in a recession.
I don’t think vendors want only to be working with big box retailers. I think they need us. People do look for service and look for a home community-type business like us.
My three rules of business are: Just be honest. Offer good value to our customers, and take care them. Those three are what it’s all about. When it gets to the point where I can’t do any of those three is the day I close the doors.