Kurt Barnard
Kurt Barnard
available bricks carry click dominant elsewhere factor future highly internet kinds lies operations pure simply
I think the future lies in two different kinds of Internet players. The one is the bricks and clicks, and that will be the dominant factor in the business, ... The other one will be highly specialized pure play click operations that carry things, do things that are simply not available elsewhere through other channels.
actual apparently himself major role running time
Lampert signaled a long time ago that he wanted a major role for himself in the actual running of the company. That's apparently what he's doing now.
below decent high large last retail sales
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.
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.
active company effort expanding felt happen monroe mostly point quite reached running shape sons
I think that they reached the point where something had to happen to Burlington Coat. (CEO) Monroe Milstein was not active for quite sometime, and I think it was mostly his sons running the company. I think his sons were running out of ideas. They weren't expanding and they felt it would be too much of an effort to make the company shape up and be competitive.
absent buy documented dollars evidence might planned research somewhat
I think that Jupiter's conclusions are, absent documented evidence of this development, somewhat optimistic, ... They (consumers) do their research on the computer, then they buy in the store, but they're not going to buy more than they had planned to buy. They might buy different things from what they had planned to buy, but there are only so many dollars to go around.
create dividends earnings finally huge invested lower money pay reason strong turn year
Kmart's earnings were lower than a year ago, and the reason why they were lower is because there is a lot of money being invested in infrastructure. But it's going to pay huge dividends in the future, ... Kmart is finally very excellently positioned to turn around and create a very strong place in the sun.
almost amount condition huge inventory repair surprising
Kmart is in a condition of repair right now, ... It is almost surprising they are down only 2 percent. They have a huge amount of over-age inventory they have to unload.
ahead home lifestyles mile remember stay top
Just remember one thing - the competitive world around Home Depot is changing. Lifestyles are changing. He has stay not just on top of those changes, but a mile ahead of them.
buy dearth hope people stumble turning
There is an exceptional dearth of hot, must-have items. So what people are turning out for is the hope that they'll stumble upon something they can buy and give.
basically charge ready step
He (Loeb) has been in charge for a long time. He is basically ready to step down.
decisions finally management matter situation tried whatever
Whatever they've tried is not working. It's really a matter of how they have tried to do things, ... J.C. Penney management is essentially a multi-headed hydra. It's the kind of situation where decisions have been made very, very slowly, and after a decision has finally been made, the need for the decision is gone.
apparel came deep fashion strengths whatever
Whatever strengths fashion apparel did show came from deep markdowns.
consumer formed function jobs labor might present retailing spending states united word
Retailing and consumer spending are a function of a four-letter word -- jobs. And there are no jobs being formed in the United States at the present time. We are in an unfortunate labor climate, one that might be called not at all propitious for retail spending.