This is really the surprise of the year. We should have really anticipated it because suddenly the weather turned very cold.
More Quotes from Kurt Barnard:
This loss will be easily made up, ... If I want to buy some jewelry for my wife, do you think I'm going to let one snow storm stop me No, I won't. Consumers will get their shopping done this week and in the days leading up to Christmas.Kurt Barnard
A cold spring does hurt business.
Kurt Barnard
They ought to go private. It makes it easier to make changes and what is more they will not have the personnel problem that always comes when someone totally new steps in and takes over the company.
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
Consumer spending had been in decline before this awful tragedy happened. Now comes this additional damper, ... Considering we are living in state of shock, sorrow and sadness, we really can't expect people to just go out on wild shopping binges.
Kurt Barnard
It wasn't surprising really. The August same-store numbers really confirm the trend of slowing retail sales and consumer spending, ... August was the back-to-school that wasn't. August and back-to-school doesn't quite have the importance it did a decade ago, but outside of that make no mistake, consumer spending has slowed down and Americans are tapped out.
Kurt Barnard
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