Kurt Barnard
Kurt Barnard
becoming far kids
This has become far more important today. Kids are becoming more independent.
consumer disruption otherwise serious spending
This has become a very serious disruption in what could otherwise be a much better consumer spending climate,
basically carry coat coats factory fashion full good including line name value
The name Burlington Coat Factory is a misnomer because they carry a full line of fashion apparel, including coats in the winter. It's basically an off-price operation. You get good value there, very good value.
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.
effect events foolhardy housing number pensions point send spine ways
Oil, jobs, housing prices, unfunded pensions and geopolitical events that could go any number of ways will have an effect in 2006. At this point it's foolhardy to forecast. Any one of those things could send shivers up the spine of consumers.
demand dollars great home occupied sales simply spent thousands time
Demand is great simply because home sales have been going through the roof, and every time a home is occupied for the first time, usually tens of thousands of dollars are spent on furnishing it and refurbishing it,
bloody competing experience hopefully price
Competing on price with Wal-Mart doesn't work. Hopefully they will never do it again. It was a bloody experience for them.
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.
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.
exactly overall represent results sales
Sales results were not exactly exceptional and they do represent a slowdown in the overall economy,
lost market retailers share
All apparel-based retailers got creamed. They lost much of their market share to discounters.