Kurt Barnard
Kurt Barnard
below decent high large last retail sales
I think by and large retail sales will be decent for most retailers, but not spectacular, ... Most will come in with same-store sales very much below the formidably high same-store sales of last year.
achieved below decent disastrous fall holiday levels people sales season year
No one should come to the conclusion, as some people have already done, that this is going to be a disastrous holiday sales season for retailers. For most, it's going to be a decent sales season, but it will fall for most below the levels achieved a year ago.
companies consumer controls decent demand difficult economic evidence good however inventory nobody orders planning spring time until
They are all planning very cautiously, very carefully. Some companies have very decent inventory controls, but however good those controls are they still have to do some economic forecasting, and forecasting is a little difficult this time around. Nobody is going to spring for big orders until there's evidence that consumer demand is back, and there is no such evidence to date.
clear consumer decent evidence expect holiday last modest sales slow spending three
The sales clear evidence of modest consumer spending slow down. We expect a decent holiday sales season, but an unspectacular one. The last three have been spectacular, particularly the last one.
anytime asking bombarded buying decent good head hear income jobs laid listen means number people question radio voice
Americans are being bombarded with announcements of layoffs. Anytime you listen to the radio it's always 3,000 laid off here, 500 there, ... That means a lot of people who have decent jobs and good income hear that little voice in the back of their head asking the question 'could my number be up next?' They're buying what they need, but they don't buy frivolously.
decent ignored suffered target
Target has ignored Wal-Mart's changeover, and it has suffered because of it. Target will have a decent season, but they won't make the winner's circle.
attractive pay question stores terms ultimately
I think ultimately they will do better than they have done in some years, ... There's no question the much more attractive stores will pay off in terms of improvement, but will they be able to come through with big earnings? The jury's still out.
experience few introduced shopping store
Kohl's did a few things that made the shopping experience easier, ... They introduced shopping carts, centralized checkout counters and an easy-to-shop store layout.
few last ranks retail saw top weekend
Last weekend we saw a massacre. There were a few shakeups in the top ranks of some retail names, and that's to be expected.
few last ranks retail saw top weekend
Last weekend we saw a massacre, ... There were a few shakeups in the top ranks of some retail names, and that's to be expected.
background beginning experience good immense job length mistakes possible qualify quite retailing taking tenure
I think Conaway is a good retailing executive, but he made too many mistakes at the very beginning of his tenure at Kmart. It is quite possible that his background and length of experience did not sufficiently qualify him for the immense job he was taking on.
background days economic home inclined instead people rely salary street themselves waiting wall
People are more inclined these days to make themselves rely on one salary instead of waiting for a Wall Street home run, and that is the background of the economic environment.
continuing
Penney is continuing a three- or four-year downfall,
buying debt deep people
People are not going to go on buying binges. People are deep in debt and deep in hock,