There is spotty evidence that in some stores inventories are running low, but considering that the action that's in the stores is not particularly hot these days, that (low inventories) may not be the worst possible fate. In many cases a lot of stores reduced the orders they placed, and in some cases, canceled orders, which is exactly what's happening.
More Quotes from Kurt Barnard:
His capture is extremely meaningful for Iraq and the Arab world, but as far as the U. S. consumer is concerned, it doesn't mean much.Kurt Barnard
As consumers become more comfortable with buying from the computer, ... and this new generation that has grown up with the computer comes of age, what we will see is huge dollar amounts of retail sales being transacted on the Web and we will see a lot of stores become increasingly Web stores.
Kurt Barnard
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.
Kurt Barnard
With Wal-Mart it's still a wait-and watch situation, but Target's news is a little worse, ... The problem with Target is that its department stores are underperforming.
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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.
Kurt Barnard
By and large, we're seeing a public that is up to his eyeballs in debt.
Kurt Barnard
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