Kurt Barnard
Kurt Barnard
additional chapter credit depend extension possibly tide whether
Everything will depend on whether they can get an extension of their credit and possibly additional credit to tide them over. If they don't get the credit, Chapter 11 (bankruptcy) is probably the only way out.
seems
Everything really seems to be working for the consumers.
absent best both drives ease factors job jobs obtaining present retail sales until year
The thing that drives retail sales most and best is job availability and the ease of obtaining new jobs. Both of these factors are absent at the present time. It may not be until the end of the year that we see job growth.
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.
died
died many years ago, but (they) just weren't buried.
consumers emphasis modestly spending word year
Consumers still aren't in a spending mood, ... This year is going to be modestly better. The emphasis is on the word 'modest.'
bigger break carried
Don't get carried away with this whole thing. It's considerably bigger than in times past, but it is not the kind of thing I would say that will make or break a company's quarter.
deep itself question remains resolve trouble
There's no question that Kmart is in deep trouble, and how that trouble is going to resolve itself remains to be seen,
above companies competition difficult gear heads industry merger question rampant retailing
There's no question that competition in retailing is rampant and out of hand. It's getting increasingly difficult for companies to keep their heads above water. That's why the industry is getting into gear for more merger activity.
bargain consumers continue days hunt next question simply
There's no question it's been very anemic. Now the big question is, will the bargain hunt continue into the next 16 to 17 days before Christmas, or will consumers just simply go shopping?
act again came department finally flying hopes retailers specialty stores together
I still say don't get your hopes up for the holidays. Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.
act again came department finally flying hopes retailers specialty stores together
I still say don't get your hopes up for the holidays, ... Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.
compare cost impact large lost number pairs sales
You just can't compare the impact of a large number of sales of flashlights, which may cost $2 to $4, with lost sales, for example, of hundreds of pairs of shoes, each costing $50 to $200.
air consumers malls
While consumers did go to malls in July, they did so to be in air conditioning but didn't make many purchases.