By  on May 5, 2009

Ron Frasch, Saks Fifth Avenue’s President and Chief Merchandising Officer, spoke with insight about several issues touched upon by other execs for "The Power of Positive Thinking," an article in today's issue of WWD. Here, his extended comments:

“The best news is that, in my career, I have never seen the industry so engaged to change and adapt at every level. People are very openly looking at their businesses and challenging themselves — the brands and the retailers in particular — because everyone assumes that what we’re living with is going to be the future. The past becomes a lot less relevant, and we’ve all got to think differently about how we do business.

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