Kurt Barnard
Kurt Barnard
consumer continues department discount shift specialty spending stores strong
There has been, and continues to be, a strong shift of consumer spending away from traditional department stores and specialty stores over to discount stores.
bargain cautious discount hunting money saving seeing spending stores stretching
What we are seeing is that consumers' cautious spending is now stretching to the low-priced discount stores as well as to the other stores. ...Today, saving money is chic. Bargain hunting is fashionable.
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.
call discount july unless
July was a washout, a bust, whichever way you want to call it, unless you were a discount retailer,
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.
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.
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.
arrival discount door itself manhattan maybe opens sale splendid time
It is time that Manhattan got itself its first really splendid discount store, so the sale opens the door to the arrival of Target, or maybe even Wal-Mart.
avoiding consumer discount drifting rapidly spending stores
Consumer spending is avoiding the mall-based, high-priced stores and is now drifting rapidly to the discount and low-priced segment.
convinced core credit deliver devote finally impressive next resources results rid sales six slump stuck true
While it's true that Sears is stuck in a sales slump for a long time, the retailer has also been in a restructuring mode, ... By getting rid of the credit business, it can finally devote all its resources to its core business. I'm convinced Sears will deliver impressive results in the next six to 12 months.
consumer continue future growth last mistake moderate reasonable spending stop suddenly trend
This trend is going to be with us for the foreseeable future. Growth will continue and will be very strong, but it will be more moderate than it was last year, ... Make no mistake about it - this growth will continue. Consumer spending will continue to grow, but it's not going to suddenly stop or go back. It will continue at a more reasonable pace.
attack coming cost decline economy economy-and-economics existed extra gasoline gave gone hasten matter paycheck push retail terms
What Sept. 11 has done to the economy is to accelerate, hasten and deepen the decline, but the decline existed before. The attack gave it the extra push in terms of retail sales. If you don't have a paycheck coming in, it doesn't matter how much cost of gasoline has gone down.
eye market needs pleasant stores toward
What J.C. Penney needs to do is to make the stores they do have palatable, pleasant to shop, and all of this needs to be done with an eye toward recapturing the market they've lost,
burdened car gas looking money news people prices suddenly taking target
With gas prices the way they are and with people suddenly being burdened with monthly car payments, they are looking for bargains. People are taking their money from Bloomingdale's to Penney, Kohl's (NYSE: KSS - news ) and Target (NYSE: TGT - news ).