Kurt Barnard
Kurt Barnard
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.
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.
avoiding consumer discount drifting rapidly spending stores
Consumer spending is avoiding the mall-based, high-priced stores and is now drifting rapidly to the discount and low-priced segment.
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.
consumers customers evoking exciting finding granted instead looking mistake problem products retailers selling stores taking terrible unusual
A terrible problem for retailers is that most stores are evoking yawns from consumers, instead of excitement. Retailers just can't keep making the mistake of taking customers for granted by selling ho-hum kind of merchandise. Consumers are looking for unusual and exciting products and they're not finding them.
reasons stores
One of the reasons why stores did not do better than they did is because there were not enough new designs, not enough new fashions.
absolutely appeals bankruptcy brings consumers difficult efforts envision found indication newness road sales stores terrible
Their sales are terrible and their efforts to come up with newness that appeals to consumers and brings them back into the stores are failing. There's absolutely no indication that they have found a road back to health, and while they have very little debt, they do have too many stores. With that kind of a background, it's not difficult to envision a bankruptcy in the foreseeable future.
discount dragging home others retailers stores
Discount stores are doing very well, and home-oriented retailers are doing very well. But most of the others are dragging their heels.
buying computer consumers dollar generation grown huge retail sales stores web
As consumers become more comfortable with buying from the computer, ... and this new generation that has grown up with the computer comes of age, what we will see is huge dollar amounts of retail sales being transacted on the Web and we will see a lot of stores become increasingly Web stores.
broke clearance department despite discount doors fact people stayed stores strong
Despite the fact that it's a clearance month, we can still see strong trends. People stayed away from department stores and they broke down the doors at discount stores.
apparel based department fashion heard hit lower seen stores
Based on what we've heard and seen so far, the fashion apparel stores and department stores are going to be hit with lower profits.
although department party sit sore stand stores
If you didn't do well as a retailer in January, you stand out like a sore thumb. It was really a party for retailers, although traditional department stores didn't sit at the party table.
buying consumers extra less money people prefer save shows spending stores year
Are consumers buying more? I don't know. I think what Wal-Mart said about people spending less of the rebate money this year in stores is significant. It shows people prefer to save any extra money than spend it.
beginning crowds deals good morning opened palm sales snowflake special stores stroke supposed
It was disappointing. A lot of stores told us that when they opened at 7 or 8 in the morning with special deals good for two hours, crowds were beginning to mass. But at the stroke of 9, when those sales were supposed to end, the crowds disappeared like a snowflake in the palm of your hand.