Consumers are extremely cautious today, and that caution has not really very much to do with consumer confidence indexes. It's related almost exclusively to one item, one four-letter word jobs.
More Quotes from Kurt Barnard:Tommy is in trouble, ... The casual wear market is already saturated and profits are slumping. Let's see what Dyer can do.
While consumers did go to malls in July, they did so to be in air conditioning but didn't make many purchases.
Shelf space is diamond-encrusted gold. It's exposure to the consumer and everyone wants exposure to the consumer. They each had a lot of economic power before, but with the marriage they'll have a lot more power, power to get shelf space, preferred positi
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.
Consumer spending had been in decline before this awful tragedy happened. Now comes this additional damper, ... Considering we are living in state of shock, sorrow and sadness, we really can't expect people to just go out on wild shopping binges.
Early indications show that store traffic and the promotional activity is at lower levels than last year at this time. I wouldn't be surprised if many retailers try to get away with selling merchandise at full price.
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Our trade opens to all the world.
I know what I'm having 'em put on my tombstone: 'I have nothing more to say'.
There's only so many times you can read how ugly you are and how much people hate you.