There's no question that Kmart is in deep trouble, and how that trouble is going to resolve itself remains to be seen,
More Quotes from Kurt Barnard:
It was really the department store chains and the apparel retailers that took it on the chin with weak January sales results. But a couple of names in those two groups are guiding higher than expected, predicated on expectations of lower promotional activity going into spring.Kurt Barnard
Retailers know that for a lot of consumers, this is a time of uncertainty about their jobs, ... This will make them frugal with their holiday shopping and they will be on the hunt for the best deals out there.
Kurt Barnard
The August figures this time are basically not very reliable for anything whatsoever. A lot of the Labor Day activity will come in September this year.
Kurt Barnard
With this kind of weather, we've now had this for some days, I think you'll find retail sales will reflect a cautious attitude on the part of consumers,
Kurt Barnard
The potential for Web sales is tremendous and it carries the potential of completely altering and upsetting over the next few years all channels of retail selling.
Kurt Barnard
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