This is not the time for runaway enthusiasm. The first half was very good for retailers but consumers are going to be very wary in the second-half, ... if we're lucky.
More Quotes from Kurt Barnard:
Halloween has become in recent times a little more of a retail-type holiday than you've seen it in decades past. It's becoming a little more important not just for sales of scary masks, but there generally is more traffic into the stores. It's sort of the beginning of fall, something like the precursor for what's to come.Kurt Barnard
Consumers are already concerned that the labor market continues to lag behind an economic recovery. They don't really need another negative distraction.
Kurt Barnard
Target has ignored Wal-Mart's changeover, and it has suffered because of it. Target will have a decent season, but they won't make the winner's circle.
Kurt Barnard
There's no question that competition in retailing is rampant and out of hand. It's getting increasingly difficult for companies to keep their heads above water. That's why the industry is getting into gear for more merger activity.
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
Oil, jobs, housing prices, unfunded pensions and geopolitical events that could go any number of ways will have an effect in 2006. At this point it's foolhardy to forecast. Any one of those things could send shivers up the spine of consumers.
Kurt Barnard
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