You know, Americans have jobs. Americans are earning money. They feel good about themselves. They feel secure in their ability to hold onto the job, and even if they lose the job they know they don't have to go too far to find another one, ... So they feel a sense of security, of freedom to go out and spend and buy and do things for themselves, and that is why we are absolutely convinced that consumer spending will remain strong certainly throughout the balance of this year, and ... maybe into next year.
More Quotes from Kurt Barnard:
Despite the fact that it's a clearance month, we can still see strong trends. People stayed away from department stores and they broke down the doors at discount stores.Kurt Barnard
Tommy is in trouble, ... The casual wear market is already saturated and profits are slumping. Let's see what Dyer can do.
Kurt Barnard
What's happening is very simple. The numbers we saw today are clear evidence that the American public is shell-shocked to the point of being frightened over a big long list of circumstances surrounding the economy over which they have no power, no control.
Kurt Barnard
The bulk of the refund checks will go toward paying off the enormous credit card debt which Americans have currently.
Kurt Barnard
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.
Kurt Barnard
A terrible problem for retailers is that most stores are evoking yawns from consumers, instead of excitement. Retailers just can't keep making the mistake of taking customers for granted by selling ho-hum kind of merchandise. Consumers are looking for unusual and exciting products and they're not finding them.
Kurt Barnard
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