Steve Kernkraut
Steve Kernkraut
amount came impressed numbers short walk
The numbers that came out were surprisingly strong. You have to walk away impressed with what they've been able to do in a short amount of time.
consumer fall kids longer season thinking wait
It really is very weather-sensitive. You've got to psych the consumer into thinking the fall is coming. And the season is longer because kids wait to see what other kids are wearing.
christmas companies hard messy others shape strong thanksgiving
It's going to shape up to be a real messy Christmas season. It's very hard to read. Some companies had a very strong Thanksgiving weekend, others weak.
early good holiday momentum news november period rather sluggish thanksgiving weekend
The early November period was rather sluggish but the good news is that the Thanksgiving weekend was superb and that really set the momentum for the holiday season.
apparel department focused seeing specialty stores strength
I think you're seeing strength in the department stores, but more so than just the department stores, the specialty apparel stores that have a more focused brand.
concerned concerning consumer fall fashion gas general rising somewhat totally
I think they made a lot of fashion changes, but there's been a general malaise in women's fashion apparel. What's somewhat concerning here is that Nordstrom has transitioned totally to fall earlier. Is their fashion not on target, or is the consumer really concerned about the rising gas prices?
miraculous second
I think they're only in the first or second inning of a turnaround. They've done a miraculous job, but I think there's much more to come.
america consumer hard pocket spending
The consumer in America is just spending and they're spending with abandon. It's very hard to find a pocket . . . where the consumer is not spending.