Discounters have captured the world, ... They discounters all did very, very well, but it also underscores once again that it is chic to hunt for bargains and it is chic to save, and that is what the American public wants today, and probably wants forever.
More Quotes from Kurt Barnard:
There's no question it's been very anemic. Now the big question is, will the bargain hunt continue into the next 16 to 17 days before Christmas, or will consumers just simply go shopping.Kurt Barnard
Tommy is in trouble, ... The casual wear market is already saturated and profits are slumping. Let's see what Dyer can do.
Kurt Barnard
It is a good time if you're willing to accept slow growth and slow improvement. We do not anticipate at this time that the foreseeable future will bring a real strong massive upturn in consumer spending.
Kurt Barnard
Barnard said the weekend's mall and store traffic wasn't enough to change his forecast for same-store sales growth of 3.5 percent. We found out, from talking to consumers and store operators all over the country, that low-dollar items went very fast, ... Forget about high-end items.
Kurt Barnard
With gas prices the way they are and with people suddenly being burdened with monthly car payments, they are looking for bargains. People are taking their money from Bloomingdale's to Penney, Kohl's (NYSE KSS - news ) and Target (NYSE TGT - news ).
Kurt Barnard
The May contribution is going to be very substantial because of the in-house brands, displays, and ambience of the stores.
Kurt Barnard
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