Kurt Barnard
Kurt Barnard
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.
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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.
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This loss will be easily made up, ... If I want to buy some jewelry for my wife, do you think I'm going to let one snow storm stop me? No, I won't. Consumers will get their shopping done this week and in the days leading up to Christmas.
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Consumer spending had been in decline before this awful tragedy happened. Now comes this additional damper. Considering we are living in state of shock, sorrow and sadness, we really can't expect people to just go out on wild shopping binges.
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The fourth quarter is going to reflect the intensely promotional nature of the holiday shopping season, make no mistake.
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E-commerce is growing exponentially, and it is not at all unreasonable to think that simply because the store essentially, or a whole horizon of stores, happens to be right on your desk, that shopping is made so much easier than before,
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Retailers know that for a lot of consumers, this is a time of uncertainty about their jobs, ... This will make them frugal with their holiday shopping and they will be on the hunt for the best deals out there.
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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.
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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.
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.
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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.
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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.