Kurt Barnard
Kurt Barnard
I think they're going to make those numbers.
comparable difficult discount driven june month retailers sales
June was a difficult month for retailers and it's also typically a month during which comparable sales are driven by discount sales.
buying consumers july remember saying shop strong till
July was surprisingly strong -- consumers are on a buying spree, ... Remember the old saying 'Shop till they drop'? Now it has become 'Shop till they shop some more.'
call discount july unless
July was a washout, a bust, whichever way you want to call it, unless you were a discount retailer,
july maybe numbers sales
July sales numbers are not going to be very good, maybe a tad better than they would have been without the checks,
achieved deep gross heavy help pressure reflected relatively retail sales
Most retail sales were relatively decent, but were achieved with the help of deep markdowns which will show up as heavy pressure on gross margins, and that is going to be reflected in the earnings,
combining history modern technology
We are now combining ... American history with modern technology and modern contemporary lifestyles.
comfort eventually far felt finally fourth holiday impact increases last predict rate retailing series since towards
We have had a series of rate increases since last year, and so far we have not felt any impact on retailing off all of these increases. However, eventually something will have to give. I would predict that, say towards the end of the year, the fourth quarter, the very all-important holiday fourth quarter, we are going to see that the rate increases will finally take a bite. And that could be a comfort to retailing.
abundant believe boost consumer earnings favorable quite result retail retailers terms
We believe the earnings will be quite good, and that the result will give a boost to retail stocks. Everything has been favorable for retailers in terms of abundant consumer spending.
higher percent projection
The 5.7 percent projection is not too much out of line, but it is at the higher end of projections,
anecdotal consumers evidence indicate looked looking price sales tag traffic
The anecdotal evidence would indicate that traffic was not excessively busy. And what consumers were looking for was the sales sign. They looked at the price tag before they looked at the product.
anecdotal consumers evidence indicate looked looking price sales tag traffic
The anecdotal evidence would indicate that traffic was not excessively busy, ... And what consumers were looking for was the sales sign. They looked at the price tag before they looked at the product.
beginning bought gas money realize
Today, (consumers) are beginning to realize they have to do some buying, but there isn't that much money yet after gas and what they've already bought at Wal-Mart.
ability absolutely balance buy certainly consumer convinced earning far freedom good hold job lose maybe next onto remain secure spend spending strong throughout
You know, Americans have jobs. Americans are earning money. They feel good about themselves. They feel secure in their ability to hold onto the job, and even if they lose the job they know they don't have to go too far to find another one, ... So they feel a sense of security, of freedom to go out and spend and buy and do things for themselves, and that is why we are absolutely convinced that consumer spending will remain strong certainly throughout the balance of this year, and ... maybe into next year.