Bill Dreher
Bill Dreher
average believe benefit christmas consumer department exuberance gasoline higher irrational jobs shown stock stores suffer target worried
We believe our competitors have shown irrational exuberance with Christmas forecasts, ... We believe the average consumer is worried about higher gasoline prices, jobs and doesn't believe he will benefit from the stock market. With this climate, if you're just a 'me-too' retailer, you'll be in a world of hurt. The department stores will suffer but the discounters Wal-Mart and Target will do well.
concern consumer gasoline hurting inflation last months several
There has been real concern for the last several months about hurricanes, about consumer sentiment, about gasoline inflation hurting consumer spending,
deal despite gasoline guidance higher period raise share
Despite higher gasoline prices, Wal-Mart was able to raise guidance for the second-quarter which is particularly noteworthy because that's also the period that they will have to deal with the lion's share of the gas impact.
confusion difficult easter february horrible march numbers pushed sales state turn weak
I think there's a lot of confusion about the state of the consumer. We had weak numbers in January. February sales were pushed down by horrible weather, and now March could be weak because of the Easter shift. It's difficult to see how things are going to turn out.
adds consumer continues impact people safety spending stocks strong turns whatever worried
I think there continues to be a very strong psychological impact with people worried about their own safety and the safety of their families. I don't know what's going on with this flight, but whatever it turns out to be, it adds a significant psychological impact on consumer spending and on how the stocks behave.
continue disconnect fourth growth inventory major next problems quarter sales
Kohl's is having a major disconnect with its customers. The company's inventory growth is outpacing sales and I think their problems will continue into the fourth quarter and even the first quarter next year.
continue disconnect fourth growth inventory major next problems quarter sales
Kohl's is having a major disconnect with its customers, ... The company's inventory growth is outpacing sales and I think their problems will continue into the fourth quarter and even the first quarter next year.
customer discount earnings expect generating increases people price rational retailers sales seeing solid strong traffic
People are being much more rational with their expenditures. That's why we're seeing these discount price retailers generating strong customer traffic and solid sales increases. And we expect strong earnings increases from them.
catering customers income retailers tough
Retailers that are not catering that well to the middle- and upper-income customers are going to have a tough time.
boost retail sales
I think high-end retail sales will get a boost from this news.
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign. They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
advertising aggressive good holiday job louder stealing
I think it all comes down to Wal-Mart's aggressive advertising campaign, ... They are being much louder with their campaign, and I think they've done a good job of stealing the 'early-bird' holiday shoppers.
appears factor greatest retailers soon unleashed until warm
It appears that the greatest factor for our retailers slowdown up until now had been the unseasonably warm weather, and as soon as we got more seasonally appropriate temperatures it unleashed pent up demand.
appears factor greatest soon unleashed until warm
It appears that the greatest factor for our retailers' slowdown up until now had been the unseasonably warm weather, and as soon as we got more seasonally appropriate temperatures it unleashed pent up demand.