Generally speaking, consumers like the opportunity of being put face to face with newness. They know they don't have to buy now.
More Quotes from Kurt Barnard:
It's an extremely popular hobby.Kurt Barnard
I think that Jupiter's conclusions are, absent documented evidence of this development, somewhat optimistic, ... They (consumers) do their research on the computer, then they buy in the store, but they're not going to buy more than they had planned to buy. They might buy different things from what they had planned to buy, but there are only so many dollars to go around.
Kurt Barnard
It's a good industry. It's growing, and it has been growing for a long, long time, but I think the May company is particularly interested in getting access to the bridal business,
Kurt Barnard
There are two conflicting forces at work on the consumer. One is people have jobs, they have money, the unemployment rate is still at a 30-year low of 3.9 percent, a lot of economic circumstances are very, very favorable. A lot of economic circumstances are very, very favorable, people have money and jobs, but they don't have as high a discretionary spending level as they did a year ago.
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
Retailing and consumer spending are a function of a four-letter word -- jobs. And there are no jobs being formed in the United States at the present time. We are in an unfortunate labor climate, one that might be called not at all propitious for retail spending.
Kurt Barnard
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