The bigger it gets, the smaller the percentage growth will be. Let's say that when you add 10 new stores to 100 stores, you grow the business 10 percent. When you add 10 stores to 3,000 stores, the growth isn't obvious.
More Quotes from Kurt Barnard:
We believe the earnings will be quite good, and that the result will give a boost to retail stocks. Everything has been favorable for retailers in terms of abundant consumer spending.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
A cold spring does hurt business.
Kurt Barnard
While consumers did go to malls in July, they did so to be in air conditioning but didn't make many purchases.
Kurt Barnard
You know, Americans have jobs. Americans are earning money. They feel good about themselves. They feel secure in their ability to hold onto the job, and even if they lose the job they know they don't have to go too far to find another one, ... So they feel a sense of security, of freedom to go out and spend and buy and do things for themselves, and that is why we are absolutely convinced that consumer spending will remain strong certainly throughout the balance of this year, and ... maybe into next year.
Kurt Barnard
Wal-Mart's news is a very big deal, ... There's no doubt that a significant number of consumers are shopping paycheck to paycheck. Most are also waiting for price reductions. So saying that the consumer is still cautious is a good indicator that the holid
Kurt Barnard
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