Mindworks’ Weblog

Thinking Matters

High Street Woes All Psychology, Top Retailer Confirms

Posted by Andrew Cooper on November 20, 2008

Only time for a quick post but I’ve just listened to this interview with Andy Green, MD of the John Lewis retail chain.  All good points he says ‘the downturn in spending is actually irrational…it’s all about confidence’.   He says that the government has to take measures to restore confidence.  He is probably thinking about economic measures, but banning hyperbolic adjectives in media headlines would certainly help as well.

It’s not really worth listening to the interview with Philip Green which is at the end of the clip: he doesn’t have any useful point to add and makes a rather feeble attempt to change the subject to the BBC licence fee.

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