Kurt Barnard
Kurt Barnard
consumer formed function jobs labor might present retailing spending states united word
Retailing and consumer spending are a function of a four-letter word -- jobs. And there are no jobs being formed in the United States at the present time. We are in an unfortunate labor climate, one that might be called not at all propitious for retail spending.
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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.'
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.
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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.
ability absolutely balance buy certainly consumer convinced earning far freedom good hold job lose maybe next onto remain secure spend spending strong throughout
You know, Americans have jobs. Americans are earning money. They feel good about themselves. They feel secure in their ability to hold onto the job, and even if they lose the job they know they don't have to go too far to find another one, ... So they feel a sense of security, of freedom to go out and spend and buy and do things for themselves, and that is why we are absolutely convinced that consumer spending will remain strong certainly throughout the balance of this year, and ... maybe into next year.
basically climate confirm consumer employment inevitable numbers predicted remains simply spending stagnant time
Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is,
abundant believe boost consumer earnings favorable quite result retail retailers terms
We believe the earnings will be quite good, and that the result will give a boost to retail stocks. Everything has been favorable for retailers in terms of abundant consumer spending.
confidence consumer economic employment gathered seen speed
What we have seen is a continuation of an economic downturn accompanied by a downturn in consumer confidence and employment that started and gathered speed long before Sept. 11,
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We are really seeing a cautious consumer who is cutting back on discretionary spending.
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The demand for the 'luxury look' is back. Americans want to be fashionable and elegantly dressed but that doesn't mean they want to go broke in the process, ... Consumers know that they can get that well-dressed look for an affordable price, and that's why the specialty apparel chains like Gap ( GPS : Research , Estimates ) and Ann Taylor ( ANN : Research , Estimates ) are performing well.
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Wal-Mart's news is a very big deal. There's no doubt that a significant number of consumers are shopping paycheck to paycheck. Most are also waiting for price reductions. So saying that the consumer is still cautious is a good indicator that the holiday season will only be moderately better than last year.
cautious consumers doubt good holiday indicator last moderately news number paycheck price reduction saying season shopping support tax waiting
Wal-Mart's news is a very big deal, ... There's no doubt that a significant number of consumers are shopping paycheck to paycheck. Most are also waiting for price reductions because they know that the support of another tax rebate or tax reduction is unlikely. So saying that the consumer is still cautious is a good indicator that the holiday season will only be moderately better than last year.
consumers forget found items operators store talking
We found out, from talking to consumers and store operators all over the country, that low-dollar items went very fast. Forget about high-end items.