George Zimmer
31 statements across 2 episodes · 7 bullish · 9 bearish · 1 people on the record · first statement Apr 15, 2019 by George Zimmer · across every show →
On the record as a speaker too: George Zimmer's record, appearances and statements → this page counts the times other people say the name.
Everything said about George Zimmer, oldest first
Apr 15, 2019
Apr 15, 2019
Apr 15, 2019 positive
Founders acting as TV spokespeople significantly boosts internal employee morale
“When you are a spokesperson for your own business, of course you're doing it to affect the external world. You want more business. But what happens is that, and we were in a retail business with hundreds or thousands of employees, the workforce loves the fact …”
Apr 15, 2019
Apr 15, 2019 positive
Flanker brand K&G enabled Men's Wearhouse to raise gross margins 10%
“K&G provides a unique opportunity for an offensive and defensive strategy, and they didn't quite understand what that meant, and so what it means is men's warehouse stores were able to raise the gross profit percentage of By a full 10%, which is a thousand bas…”
Apr 15, 2019 negative
Apr 15, 2019
Apr 15, 2019
Zimmer sold a one-third stake in Men's Wearhouse for just $3,000
“Harry Levy had been my fraternity brother and was from Dallas, and I had called him up and said, would you like to move to Houston and do this with me? And he said, well, what's in it for me? And I said, well, I'll give you a third of the company for three gra…”
Apr 15, 2019 negative
Apr 15, 2019 negative
Apr 15, 2019 positive
Dressing room 'shirt stacking' technique drove major retail upsell revenue
“When a man purchased a suit while he was in the dressing room, we would put together shirts, ties, belts, shoes, everything that would make the outfit really jump. Then we would present it to the customer, and we were not, in my mind, pushy, but we were Not pa…”
Aug 29, 2022
Aug 29, 2022 negative
Aug 29, 2022 negative
George Zimmer: Southern department stores did not understand apparel discounting in the 1970s
“I decided that they didn't really understand how to retail apparel, not only in Foley's, but throughout my territory. I didn't think that they understood the idea of discounting, which was really more in the Northeast, and to some degree in Chicago, but had no…”
Aug 29, 2022 positive
Zimmer: Houston's Rapid Growth Saved Men's Wearhouse From Early Mistakes
“Dallas was old money, Houston was new money, so that for a young upstart like myself trying to create a business, the chances were much greater in Houston, and in fact since I didn't really know anything about the retail business when I opened Men's warehouse.…”
Aug 29, 2022
Aug 29, 2022 neutral
Aug 29, 2022 neutral
Aug 29, 2022
Aug 29, 2022 positive
Zimmer: Founder acting as spokesperson boosts internal employee morale
“When you are a spokesperson for your own business, of course you're doing it to affect the external world. You want more business, but what happens is that, and we were in a retail business with hundreds or thousands of employees, the workforce Loves the fact …”
Aug 29, 2022 negative
Aug 29, 2022 positive
Aug 29, 2022 negative
Aug 29, 2022 positive
Aug 29, 2022
Aug 29, 2022
Zimmer: Co-founder Harry Levy bought one-third of Men's Wearhouse for $3,000
“Harry Levy had been my fraternity brother and was from Dallas, and I had called him up and said, would you like to move to Houston and do this with me? And he said, well, what's in it for me? And I said, well, I'll give you a third of the company for three gra…”
Aug 29, 2022
Zimmer: 'I Guarantee It' Slogan Began as an Unscripted Commercial Ad-Lib
“It happened as an ad lib, and as I was ad libbing the commercial, I'm having an inner dialogue with myself while I'm Speaking. I didn't have much time since I was in a live recording, and all I could think of was, I guarantee it.”
Aug 29, 2022 neutral
Aug 29, 2022 negative
Zimmer: Men's Wearhouse stole Macy's tuxedo rental deal during legal review
“My team and I were in New York in Terry Lundgren's office, the CEO of Macy's, making a deal to be the... Tuxedo. Tuxedo rental, and we had the deal. It went to legal review, and while it was in legal review, Men's Warehouse stole it.”
Aug 29, 2022 negative
Zimmer: Men's Wearhouse blocked K&G sale over four-year non-solicit demand
“Well, at first, they wouldn't sell it to me at all. Then they said, alright, If you give us a four year non-solicitation. And I said, what do you mean by that? And they said, you can't hire our employees for four years. And I said, are you kidding? I'll give y…”
Aug 29, 2022
Zimmer: Men dread shopping, so proactive bundling is perceived as service
“Men look at going into a clothing store like going to the dentist's office. So their wife says to them, I made you a dental appointment, and it's like the worst thing that the man can imagine. So they put off coming in to a clothing store until they can no lon…”