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Topic: Business
Number of pages / Number of words: 3 / 701
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In 1st 6 mths of 2005, it was unfortunate that 1Q06 was an extremely bad quarter and 2Q06 that is suppose to be the year’s 2nd best quarter also failed to impress with strong numbers due to competitive landscape resulting in weakness in growth despite expansion. Due to short of working capital (low cash balances, poor profitability), it was evident that meeting short-term liability obligations was an issue at Caldor...


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Due to short of working capital (low cash balances, poor profitability), it was evident that meeting short-term liability obligations was an issue at Caldor.

Banks and Creditors being Excessively Concerned or Uncooperative

The retail industry was facing a combination of flat retail sales, low inflation, excess industry capacity, shifts in pattern of consumer demand and aggressive repositioning moves by competitors...


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