Kurt Barnard
Kurt Barnard
against easier exuberant far favorable high level retailers slide suffering year
What we are suffering from is the slide from the exuberant high we had a year ago at a level that was completely unsustainable, ... I will also tell you retailers are going to be up against far more favorable numbers, easier numbers.
against beyond easier fueled heavy july last numbers period retailers school situation year
These numbers come on the back of heavy discounting. The back-to-school period also fueled results. Beyond that, the situation last year in July wasn't good. So retailers were up against much easier comparisons.
appealing circumstance difficult easier far favorable last mix months product quite reviewing seen several store trying
So far I think he has done quite well under very difficult and trying circumstances, ... He's making the store more appealing and easier to shop, and has been reviewing the product mix for the last several months now and we have seen some very favorable shopper response.
easier growing happens horizon shopping simply store
E-commerce is growing exponentially, and it is not at all unreasonable to think that simply because the store essentially, or a whole horizon of stores, happens to be right on your desk, that shopping is made so much easier than before,
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It seems to be that a lot of these large chains are gravitating toward the advantages inherent in joint buying and obtaining lower prices and saving a lot of money in the process, ... ...It is very likely to be a powerful weapon in the retailer's arsenal to reduce the cost of buying and operating. And given the world of the Internet, which makes possible these alliances, it has to be recognized that consumers will find it so much easier these days to compare prices because all they have to do is click away.
changes easier ought personnel problem steps takes totally
They ought to go private. It makes it easier to make changes and what is more they will not have the personnel problem that always comes when someone totally new steps in and takes over the company.
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 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.
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 ).
bought customers good left loyal resist time
Even the most loyal customers won't be able to resist a very good bargain. And by the time the loyal customer has bought all the Wal-Mart bargains, there won't be very much left for Target.
bigger comparable customer improve increasing offers opportunity sales volume
Bigger is better. Bigger offers more opportunities for increasing sales volume and increasing the customer base. It would give them an opportunity to improve their comparable sales performance.