How September 11 Changed Business
Dave Arland, Thomson multimedia: "With regard to products—particulary parts, components or finished goods—it may take longer to get there, but the shipping ports are open, the borders are open. We're less concerned about that than just the general economic climate."
Dave Workman, Ultimate Electronics: UE merchandisers are working with all of the vendors to make sure product will flow. The crisis "suprisingly had a much smaller effect (on UE sales) than expected." The company canceled some travel plans, but aims for business as usual. "You can't let it stop your life," Workman said.
Peter M. Ildau, Recoton: "Being New York City residents and Americans we, like every freedom-loving citizen throughout the world, felt the attacks in New York, Virginia and Pennsylvania very personally and deeply. However tragic those events are, life and business will go on…. In the past we have seen that in times like these, people are more inclined to make big purchase decisions and we believe that this situation will be quite similar. We also believe that in spite of the current climate of economic uncertainty that the consumer electronics industry will do well."