Kurt Barnard
Kurt Barnard
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.
clients continued customer depend four friendly market past sales spending stock stores strong
High-end stores depend on continued spending from clients that over the past four years have amassed considerable wealth. Sales at upscale stores like Saks and Neiman Marcus are also going strong because the stock market has been very customer friendly to this group.
bites business buy mainly market mature people primarily represents share sneakers taking wear
They are taking big bites of market share out of the sneakers. The sneaker business is a mature business that represents primarily a replacement mode. People mainly buy sneakers when the old ones wear out.
lost market retailers share
All apparel-based retailers got creamed. They lost much of their market share to discounters.
evidence giving marketing slogan strategy work
Sears is now giving evidence that its new marketing strategy and new slogan work very effectively.
anybody create identity key marketing morning pair pajamas target totally wake
The key for them is the marketing of a new and totally different identity from Wal-Mart or Target or anybody else, ... They have to create their own distinctive identity. The kind that will make you and me wake up in the morning and say, 'I need a new pair of pajamas -- I think I'll go to Kmart.'
beating best horse jockey market three wonderful
Amazon's prospects, in my view, are at best limited. They may do some wonderful things, but the market isn't there. It's like a jockey beating a horse with three legs.
act clearly demand left magnitude mark particular product store suddenly tells
The magnitude of the demand tells the retailer how to act and what to do, ... If a product is hot, clearly there's not going to be a markdown. But if demand suddenly slackens and there's still a lot of merchandise left in the store on that particular day, they will mark it down.
act clearly demand left magnitude mark particular product store suddenly tells
The magnitude of the demand tells the retailer how to act and what to do. If a product is hot, clearly there's not going to be a markdown. But if demand suddenly slackens and there's still a lot of merchandise left in the store on that particular day, they will mark it down.
blizzard major malls presidents serious shut since stores weekend
The blizzard was a serious setback for retailers, especially since the Presidents Day weekend is a major day for sales. Most of the malls and independent stores were shut in the Northeast.
february likely month past results seems seen spring testing
February is a testing month for spring, and the results have not been spectacular, ... There seems to be a sense of foreboding that while spring is likely to be a smidgen better than we have seen in past months, it is not going to be a barn-burner.
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.
brutal guess hope
They (retailers) don't know. All they can do is hope and guess more than anything else. It's a brutal, brutal problem,
extent regardless wonderful
Rebates are wonderful to the extent that they are executed, regardless of the deficit.