Kmart's earnings were lower than a year ago, and the reason why they were lower is because there is a lot of money being invested in infrastructure. But it's going to pay huge dividends in the future, ... Kmart is finally very excellently positioned to turn around and create a very strong place in the sun.
More Quotes from Kurt Barnard:
The name Burlington Coat Factory is a misnomer because they carry a full line of fashion apparel, including coats in the winter. It's basically an off-price operation. You get good value there, very good value.Kurt Barnard
The only way to grow in the retail business is to add yet another 100 stores, another 600 stores. Then someone else will see that you are successful. And that other fellow will do the same. And for a while it is fine, until suddenly there are more stores than the community needs.
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
You just can't compare the impact of a large number of sales of flashlights, which may cost 2 to 4, with lost sales, for example, of hundreds of pairs of shoes, each costing 50 to 200,
Kurt Barnard
It was disappointing. A lot of stores told us that when they opened at 7 or 8 in the morning with special deals good for two hours, crowds were beginning to mass. But at the stroke of 9, when those sales were supposed to end, the crowds disappeared like a snowflake in the palm of your hand.
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
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Based on Topics: Future Quotes, Money & Wealth Quotes, Reasoning QuotesBased on Keywords: excellently, kmarts
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