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"But we obviously need to find a way to be more competitive and keep the core and the high-end customer happy".
"We are developing more and more residential space on Atlantic, bringing a significant high-end customer to the neighborhood," she said, "and there just isn't enough retail shopping for them".
"It is possible that Wal-Mart's caught in this transition period where the high-end customer traded down less and their core low-income customer is not yet feeling the economic recovery".
"The low-income customer is not really spending, and the high-end customer is maybe having some savings fatigue and is willing to trade up," said Bill Dreher, senior research analyst with Deutsche Bank Securities.
"Their niche is high-end customer service, and they don't call a person back?" On the other hand, like most business travelers, Mr. White said he stays more often at midrange hotels that seldom add fees.
Since Mr. Blass retired in 1999, the struggling company has tried five different women's designers (or six if you count that season in 2003 when the public relations director was ghost-designing a collection behind the scenes), but has been unable to recapture a high-end customer for its women's wear.
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Keeping high-end customers is crucial to the bottom line.
The program, American said, "provides the exclusivity and seamless service that our high-end customers value".
Rainmaking aside, how expensive can it get for high-end customers seeking a raucous Sunday afternoon?
"Some high-end customers did show some cautious spending," its president, Roger Farah, said.
"High-end customers are not going to be as hurt by gasoline prices".
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