What we are seeing is that consumers' cautious spending is now stretching to the low-priced discount stores as well as to the other stores. ... Today, saving money is chic. Bargain hunting is fashionable.
More Quotes from Kurt Barnard:It's an extremely popular hobby.
We have had a series of rate increases since last year, and so far we have not felt any impact on retailing off all of these increases. However, eventually something will have to give. I would predict that, say towards the end of the year, the fourth quarter, the very all-important holiday fourth quarter, we are going to see that the rate increases will finally take a bite. And that could be a comfort to retailing.
Watch out for this company. It's telling us something. While most retailers sold indistinguishable products, Sharper Image sells exciting and unique things that people want to buy.
What the Gap is doing is not only what it must be doing, but what it should have done a long time ago.
It is a good time if you're willing to accept slow growth and slow improvement. We do not anticipate at this time that the foreseeable future will bring a real strong massive upturn in consumer spending.
The fourth quarter is going to reflect the intensely promotional nature of the holiday shopping season, make no mistake.
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I think of doing a series as very hard work. But then I've talked to coal miners, and that's really hard work.
It's hard for women to talk about these things, and for the doctors to really talk about it too, and to even have the knowledge of what's going on. That's why I'm doing this and urging women to speak out and talk to their doctors frankly.
Since the new film has been out, I'm doing quite a lot but then in July I will start doing things at home. I have to fix the house up, see the grandchildren and such.