Kurt Barnard
Kurt Barnard
consumer expect growing last quite research slow spending
All our surveys and research have demonstrated that consumer spending is very slow in growing and contracting. It resists change. We can expect this to last quite a while.
lost market retailers share
All apparel-based retailers got creamed. They lost much of their market share to discounters.
broke longer
They feel they no longer need to go broke when they go shopping,
corn difficult establish failed gave identity reason stand
They failed to establish an identity for themselves, a niche, and that makes it difficult for it to stand out, ... They never gave shoppers a reason for preferring it to any one of its rivals. It was just there, like soaking corn flakes.
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.
full line mind question store trying
They are streamlining operations, trying to make it more profitable, productive, ... The real question to my mind is how can they be a full line store without cosmetics?
buy consumers days easily jewelry leading loss shopping snow stop storm week
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.
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.
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.
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.
bulk card checks credit debt enormous paying toward
The bulk of the refund checks will go toward paying off the enormous credit card debt which Americans have currently.
gift requires
A Valentine's Day gift requires a lot of thought.
consumers good half retailers time wary
This is not the time for runaway enthusiasm. The first half was very good for retailers but consumers are going to be very wary in the second-half, ... if we're lucky.
suddenly surprise turned weather
This is really the surprise of the year. We should have really anticipated it because suddenly the weather turned very cold.