Kim Picciola Quotes (8 Quotes)

It seems that Sears would want a merchant running the business, and it would be investing more money into enhancing the shopping experience at its stores.

The Chris Madden collection has been doing very well. She's helped spruce up Penney's home offerings. Having the Madden designer brand in its stores has given Penney much-needed credibility, especially with the younger, trend-conscious consumers.

Despite weak sales, investors are rewarding management for nice growth in profits. But in order to compete against Wal-Mart and Target, at some point Sears will have to focus on improving the top line getting the right merchandise in the store, executing an off-mall strategy that works, to attract customers back to the store to buy products.

The holidays will be challenging. They will have to have compelling products or good promotions to drive store sales.

It could be a good thing for Wal-Mart in its competition with Target, ... But for Tommy, it seems like it would take away any cachet the company had left. The company really oversaturated itself after the 1990s, and they've been trying to pick up the pieces since then.

No one feels like it's going to blow the numbers out of the water compared to last year. We think back-to-school got off to a pretty slow start in July, but we're expecting retailers will make up some of the lost ground in August.

Penney made a very concerted effort to improve the home business and overcome its stodgy image. It's definitely gained market share in that area while Pier 1's been losing market share.

It's a testament to the strength of the brand and their ability to execute, ... There appears to be no slowdown in spending for the luxury consumer.