Kurt Barnard
Kurt Barnard
buying consumers july remember saying shop strong till
July was surprisingly strong -- consumers are on a buying spree, ... Remember the old saying 'Shop till they drop'? Now it has become 'Shop till they shop some more.'
call discount july unless
July was a washout, a bust, whichever way you want to call it, unless you were a discount retailer,
july maybe numbers sales
July sales numbers are not going to be very good, maybe a tad better than they would have been without the checks,
achieved deep gross heavy help pressure reflected relatively retail sales
Most retail sales were relatively decent, but were achieved with the help of deep markdowns which will show up as heavy pressure on gross margins, and that is going to be reflected in the earnings,
create dividends earnings finally huge invested lower money pay reason strong turn year
Kmart's earnings were lower than a year ago, and the reason why they were lower is because there is a lot of money being invested in infrastructure. But it's going to pay huge dividends in the future, ... Kmart is finally very excellently positioned to turn around and create a very strong place in the sun.
almost amount condition huge inventory repair surprising
Kmart is in a condition of repair right now, ... It is almost surprising they are down only 2 percent. They have a huge amount of over-age inventory they have to unload.
ahead home lifestyles mile remember stay top
Just remember one thing - the competitive world around Home Depot is changing. Lifestyles are changing. He has stay not just on top of those changes, but a mile ahead of them.
compare cost impact large lost number pairs sales
You just can't compare the impact of a large number of sales of flashlights, which may cost $2 to $4, with lost sales, for example, of hundreds of pairs of shoes, each costing $50 to $200.
higher percent projection
The 5.7 percent projection is not too much out of line, but it is at the higher end of projections,
anecdotal consumers evidence indicate looked looking price sales tag traffic
The anecdotal evidence would indicate that traffic was not excessively busy. And what consumers were looking for was the sales sign. They looked at the price tag before they looked at the product.
anecdotal consumers evidence indicate looked looking price sales tag traffic
The anecdotal evidence would indicate that traffic was not excessively busy, ... And what consumers were looking for was the sales sign. They looked at the price tag before they looked at the product.
convinced core credit deliver devote finally impressive next resources results rid sales six slump stuck true
While it's true that Sears is stuck in a sales slump for a long time, the retailer has also been in a restructuring mode, ... By getting rid of the credit business, it can finally devote all its resources to its core business. I'm convinced Sears will deliver impressive results in the next six to 12 months.
cautious customers display full incite less profits reached retail windows
When the full story is reached at the end of the quarter, retail profits will be less impressive, especially in apparel. There was nothing in the display windows (of clothiers) to incite cautious customers to buy.
consumer continue future growth last mistake moderate reasonable spending stop suddenly trend
This trend is going to be with us for the foreseeable future. Growth will continue and will be very strong, but it will be more moderate than it was last year, ... Make no mistake about it - this growth will continue. Consumer spending will continue to grow, but it's not going to suddenly stop or go back. It will continue at a more reasonable pace.