Kurt Barnard
Kurt Barnard
arena bit discount efficient itself large likely perhaps retail store
From what I've seen, Sears is well underway to making itself into a more efficient and a more pleasant-to-shop retail establishment. It is likely to become a powerhouse in the mass-market arena and perhaps look a little bit like a combination of a large discount store and Kohl's.
case enthusiasm expected forecast spending
I expected the spending forecast to be more buoyant. But it could be the case that NRF is curbing their enthusiasm a little now,
apparel based department fashion heard hit lower seen stores
Based on what we've heard and seen so far, the fashion apparel stores and department stores are going to be hit with lower profits.
air hot number
If this is a hot summer, we are going to see an overwhelming number of air conditioners sold, ... And even if it's not a hot summer, air conditioners will be a hot seller.
afternoon hit last lots minds people retail sales taken thursday
Retail sales will have taken a hit Thursday afternoon and then on Friday, when lots of people can't get around and the last thing on their minds would be going shopping.
martha needs people products retail sales selling suffer terminal
Retail sales of Martha Stewart products won't suffer in a terminal way because right now Kmart needs Martha more than Martha needs Kmart. Her products are selling well because people really like them.
christmas decisions developing foundation jamming people trying
People will be jamming the stores, trying things on, ... and developing their Christmas lists. While many (gift) decisions will not be made, the foundation for many decisions will be made.
buy buying exposed food lady might people pet store
Pet food is something that a lot of people need. Clearly, you are exposed to a lot of other things that are in the store. Let's put it this way: the lady might come into the store to buy pet food and might end up buying pet food and some lipstick.
absolutely acquire bit dealing directly extremely hand order places rather remote seems strong
On the one hand he's extremely capable, a very strong manager, administrator and visionary. On the other hand he seems a bit remote from the field, ... He must absolutely acquire the sense of dealing directly with Mr. and Mrs. Consumer. Can he deal with someone who places an order for $10 rather than $10,000 or $10 million?
reasons stores
One of the reasons why stores did not do better than they did is because there were not enough new designs, not enough new fashions.
cost customers good job offering value
Sears is on the way back to health. They're doing a good job (of cost cutting) and they are offering customers a good, recognizable value and customers are responding.
evidence giving marketing slogan strategy work
Sears is now giving evidence that its new marketing strategy and new slogan work very effectively.
bargain great turned
So far, this has turned out to be the year's great bargain hunt,
consumer economic exposure marriage power preferred shelf space wants
Shelf space is diamond-encrusted gold. It's exposure to the consumer and everyone wants exposure to the consumer. They each had a lot of economic power before, but with the marriage they'll have a lot more power, power to get shelf space, preferred positions, all of that.