Kurt Barnard
Kurt Barnard
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Sharper Image products also evoke the desire in customers to buy them. Granted that a $1,800 massage chair may not appeal to someone who just lost their job, but one reason that these kinds of high-end gadgets are in demand is exactly because some people want to pamper themselves and take their mind away from that kind of reality.
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.
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They failed to establish an identity for themselves, a niche, and that makes it difficult for it to stand out, ... They never gave shoppers a reason for preferring it to any one of its rivals. It was just there, like soaking corn flakes.
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Americans, for one reason or another, have not given up on their infatuation with SUVs that guzzle gas by the gallons. But there's only so much money to go around. If people are paying more to drive their cars, they will have less money to spend on other things.
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By shuttering the Marshall Field's catalogs, Target is saying something about its department stores business -- business isn't what it used to be, ... Part of the reason is that department stores overall are doing badly.
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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.
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Kmart's earnings were lower than a year ago, and the reason why they were lower is because there is a lot of money being invested in infrastructure. But it's going to pay huge dividends in the future, ... Kmart is finally very excellently positioned to turn around and create a very strong place in the sun.
core profitable
It's not a core business, but (gardening) is a very profitable part of the business.
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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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Everybody is worried about a soft landing for the economy and a contraction of consumer spending. And come Christmas it will be far less exciting than a year ago. The high cost at the gas pump is beginning to take its toll and for a lot of families spending an extra $20-to-$25 a month on gasoline means spending that much less on stores.
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The blizzard was a serious setback for retailers, especially since the Presidents Day weekend is a major day for sales. Most of the malls and independent stores were shut in the Northeast.
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The bigger it gets, the smaller the percentage growth will be. Let's say that when you add 10 new stores to 100 stores, you grow the business 10 percent. When you add 10 stores to 3,000 stores, the growth isn't obvious.
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The August figures this time are basically not very reliable for anything whatsoever. A lot of the Labor Day activity will come in September this year.
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There's tremendous demand for anything related to gardening, horticulture. It means dollar signs at the cash register.