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Rush Limbaugh - Timeless Wisdom

Rush Limbaugh April 5th 2019

Rush Limbaugh - Timeless Wisdom

The Rush Limbaugh Show

News

45.3K Ratings

🗓️ 5 April 2019

⏱️ 2 minutes

🧾️ Download transcript

Summary

IKEA, is the world's most successful furniture outlet and they want to stay that way. Now IKEA wants the add new store locations to respond to changes in the way people live and shopping, right now most IKEA are in suburban areas out major cities.

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Transcript

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0:00.0

At Steifel, we believe investment advice is about more than helping you manage your wealth.

0:04.4

Our investment advice is about you. It's about realizing your dreams may become a reality,

0:09.4

because you have a plan. We believe in you. Find your new Steifel Financial Advisor at

0:14.2

Steifel.com. That's STI-FEL. Steifel Nicholas and Company Incorporated, member SIPC and NYSE.

0:20.2

IKEA. IKEA is the world's most successful furniture outlet, and they want to stay that way.

0:27.1

Now, IKEA wants to add new store locations to respond to changes in the way people live and

0:32.1

shop. Right now, most IKEA's are in suburban areas outside major cities, but the company says it over

0:39.0

the next 20 years fewer people are going to be driving or will even have cars. Obviously,

0:43.8

they're talking about millennials, and I bet you that's not true, but that's a whole different day.

0:48.7

So, IKEA is hunting for prime downtown locations in big cities worldwide. They're looking in Paris,

0:54.7

London, Berlin, Madrid, Tokyo, Shanghai, and Mumbai. Always loves saying Mumbai.

1:01.2

And they're also looking in New York City. Now, to elected officials in almost all of these cities,

1:06.2

this is great news. Big company wants to invest in their downtown areas, means tax dollars,

1:12.0

ancillary businesses, and more economic activity. But, you IKEA, exactly, is a better beware. If you

1:19.4

really want to open a New York store, you better come up with a plan to deal with New York

1:24.0

Liberals. They hate big business. They might like your furniture, but they don't want to pay for it.

1:29.0

And they will run big business out of town whenever they can. Ask Amazon about that. Bezos,

1:36.7

you'll tell you. I can't wait to see this.

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