270 ordspråk av Kurt Barnard

Kurt Barnard

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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.

Everybody expected it to happen because Lord & Taylor had lost its cachet. It seemed to be a left shoe on the right foot. It didn't fit into the overall scheme of the Federated stores.

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.

She may be right on the button. But for me to believe she'll be right, she'd have to tell me that she knows what will happen with Iran, jobs, the price of home heating oil and interest rates.

We were dealing with a very cautious, very careful consumer who was not really inspired to buy anything because there wasn't anything worth buying.

The name Burlington Coat Factory is a misnomer because they carry a full line of fashion apparel, including coats in the winter. It's basically an off-price operation. You get good value there, very good value.

All apparel-based retailers got creamed. They lost much of their market share to discounters,

Wal-Mart's news is a very big deal, ... There's no doubt that a significant number of consumers are shopping paycheck to paycheck. Most are also waiting for price reductions. So saying that the consumer is still cautious is a good indicator that the holiday season will only be moderately better than last year.

February is a testing month for spring, and the results have not been spectacular, ... There seems to be a sense of foreboding that while spring is likely to be a smidgen better than we have seen in past months, it is not going to be a barn-burner.

July was a washout, a bust, whichever way you want to call it, unless you were a discount retailer,

We're seeing clearance sales that are early by at least three to four weeks. Going back to the beginning of summer they had a lot of inventory on hand and they need to get rid of it, ... Second-quarter earnings are going to reflect the markdowns. Everybody has been caught in the downdraft.

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.

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,

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.

There's a general sense of weakness and caution and I'll tell you the headlines in the newspapers these days do not help, ... We're seeing more layoffs and consumers are beginning to feel there's a cold winter breeze suddenly blowing their way.

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