Blair,
For those that track Disney, here is an extention to your post. Quite optimistic expectations. We'll see. Gotta run!
Disney to Spend $300 Million on Store Redesign
By Betsy Riley
Staff Reporter
10/4/00 9:19 AM ET
Walt Disney (DIS:NYSE) will spend about $300 million revamping about 600 of its stores over the next three years, according to The Wall Street Journal.
In an effort to reverse lagging sales, the company will launch a television ad campaign and move away from character-based products, the article said. Also, over the next several years, the chain will close about 140 stores as their leases expire.
Andrew Mooney, president of Disney Consumer Products Worldwide, told the paper that under his leadership he aims to see the company increase annual retail sales from $13 billion to $75 billion.