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.
More Quotes from Kurt Barnard:
The bulk of the refund checks will go toward paying off the enormous credit card debt which Americans have currently.Kurt Barnard
So far, this has turned out to be the year's great bargain hunt,
Kurt Barnard
The fashions did not appeal. They were not sufficiently exciting to sweep consumers into the stores, ... translates into a lack of confidence that there will be strong consumer demand in the second half.
Kurt Barnard
Upscale stores have done very well because their customers have been fortunate to amass a bit of wealth, so they're not worried about their jobs. But people who live paycheck to paycheck have to be careful, and they look at the price tag before looking at the product.
Kurt Barnard
People are more inclined these days to make themselves rely on one salary instead of waiting for a Wall Street home run, and that is the background of the economic environment.
Kurt Barnard
These numbers come on the back of heavy discounting. The back-to-school period also fueled results. Beyond that, the situation last year in July wasn't good. So retailers were up against much easier comparisons.
Kurt Barnard
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Based on Topics: Business & Commerce Quotes, Reasoning QuotesBased on Keywords: catalogs
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