Kurt Barnard
Kurt Barnard
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.
cautious customers display full incite less profits reached retail windows
When the full story is reached at the end of the quarter, retail profits will be less impressive, especially in apparel. There was nothing in the display windows (of clothiers) to incite cautious customers to buy.
afternoon hit last lots minds people retail sales taken thursday
Retail sales will have taken a hit Thursday afternoon and then on Friday, when lots of people can't get around and the last thing on their minds would be going shopping.
martha needs people products retail sales selling suffer terminal
Retail sales of Martha Stewart products won't suffer in a terminal way because right now Kmart needs Martha more than Martha needs Kmart. Her products are selling well because people really like them.
add business community fellow grow retail stores suddenly until
The only way to grow in the retail business is to add yet another 100 stores, another 600 stores. Then someone else will see that you are successful. And that other fellow will do the same. And for a while it is fine, until suddenly there are more stores than the community needs.
act again came department finally flying hopes retailers specialty stores together
I still say don't get your hopes up for the holidays. Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.
act again came department finally flying hopes retailers specialty stores together
I still say don't get your hopes up for the holidays, ... Yes, the specialty retailers did exceedingly well. Yes, the department stores look like they finally are getting their act together and yes, the discounters again came through with flying colors.
consumer formed function jobs labor might present retailing spending states united word
Retailing and consumer spending are a function of a four-letter word -- jobs. And there are no jobs being formed in the United States at the present time. We are in an unfortunate labor climate, one that might be called not at all propitious for retail spending.
best deals frugal holiday hunt jobs retailers shopping time
Retailers know that for a lot of consumers, this is a time of uncertainty about their jobs, ... This will make them frugal with their holiday shopping and they will be on the hunt for the best deals out there.
christmas finally hard industry jobs last million moderately picture retail simply turned unemployed unless workers year
Remember, there are still over 2 million unemployed workers and over 5 million are on part-time jobs. Christmas will be moderately better simply because last year was so bad. But unless this jobs picture improves, it's hard to say that the retail industry has finally turned the corner.
form itself main plays retail sales street
plays itself out on Main Street U.S.A. in the form of muted retail sales.
below decent high large last retail sales
I think by and large retail sales will be decent for most retailers, but not spectacular, ... Most will come in with same-store sales very much below the formidably high same-store sales of last year.
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.
achieved deep gross heavy help pressure reflected relatively retail sales
Most retail sales were relatively decent, but were achieved with the help of deep markdowns which will show up as heavy pressure on gross margins, and that is going to be reflected in the earnings,