Kurt Barnard
Kurt Barnard
cash clients continue continued february half marked retail sales sore spending stood stronger telling year
February sales were very strong, stronger than anticipated in many instances. I will tell you that if you were a retailer in February and did not do very well, you stood out like a sore thumb. We're telling our clients that the first half of this year will continue to be marked by continued strong spending at the retail cash register.
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Sears is now giving evidence that its new marketing strategy and new slogan work very effectively.
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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,
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What we are looking at is very strong and very necessary steps as the first installment of a Kmart turnaround, ... What he's doing right now is terribly important. It needed to be done, biting into the sour apple so to speak, in order to create a clear path for the future. I think Kmart is going to be customer-centric in the future, competitive in the market place and exciting to shop.
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Consumers are already concerned that the labor market continues to lag behind an economic recovery. They don't really need another negative distraction.
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Tommy is in trouble, ... The casual wear market is already saturated and profits are slumping. Let's see what Dyer can do.
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Amazon's prospects, in my view, are at best limited. They may do some wonderful things, but the market isn't there. It's like a jockey beating a horse with three legs.
lost market retailers share
All apparel-based retailers got creamed. They lost much of their market share to discounters.
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They are taking big bites of market share out of the sneakers. The sneaker business is a mature business that represents primarily a replacement mode. People mainly buy sneakers when the old ones wear out.
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High-end stores depend on continued spending from clients that over the past four years have amassed considerable wealth. Sales at upscale stores like Saks and Neiman Marcus are also going strong because the stock market has been very customer friendly to this group.
act clearly demand left magnitude mark particular product store suddenly tells
The magnitude of the demand tells the retailer how to act and what to do. If a product is hot, clearly there's not going to be a markdown. But if demand suddenly slackens and there's still a lot of merchandise left in the store on that particular day, they will mark it down.
act clearly demand left magnitude mark particular product store suddenly tells
The magnitude of the demand tells the retailer how to act and what to do, ... If a product is hot, clearly there's not going to be a markdown. But if demand suddenly slackens and there's still a lot of merchandise left in the store on that particular day, they will mark it down.
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The key for them is the marketing of a new and totally different identity from Wal-Mart or Target or anybody else, ... They have to create their own distinctive identity. The kind that will make you and me wake up in the morning and say, 'I need a new pair of pajamas -- I think I'll go to Kmart.'
gap time
What the Gap is doing is not only what it must be doing, but what it should have done a long time ago.