Whatever they've tried is not working. It's really a matter of how they have tried to do things, ... J.C. Penney management is essentially a multi-headed hydra. It's the kind of situation where decisions have been made very, very slowly, and after a decision has finally been made, the need for the decision is gone.
More Quotes from 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
Shelf space is diamond-encrusted gold. It's exposure to the consumer and everyone wants exposure to the consumer. They each had a lot of economic power before, but with the marriage they'll have a lot more power, power to get shelf space, preferred positi
Kurt Barnard
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.
Kurt Barnard
So far, this has turned out to be the year's great bargain hunt,
Kurt Barnard
They are now getting into the apparel business in a way they have not known before -- in a way that establishes Sears Roebuck as a major operation in apparel.
Kurt Barnard
The fourth quarter is going to reflect the intensely promotional nature of the holiday shopping season, make no mistake.
Kurt Barnard
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Based on Topics: Decision Making Quotes, Management QuotesBased on Keywords: hydra, multi-headed, penney
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