Kurt Barnard Quotes on People (11 Quotes)

They are taking big bites of market share out of the sneakers. The sneaker business is a mature business that represents primarily a replacement mode. People mainly buy sneakers when the old ones wear out.

People will be jamming the stores, trying things on, ... and developing their Christmas lists. While many (gift) decisions will not be made, the foundation for many decisions will be made.

There are two conflicting forces at work on the consumer. One is people have jobs, they have money, the unemployment rate is still at a 30-year low of 3.9 percent, a lot of economic circumstances are very, very favorable. A lot of economic circumstances are very, very favorable, people have money and jobs, but they don't have as high a discretionary spending level as they did a year ago.

However, retailers shouldn't break out the champagne yet, ... The rebates will have a very modest effect on spending. With a 6.4 percent unemployment rate, there are millions of people in the country with no income except for unemployment and welfare benefits. Millions more are on long-term unemployment, those that simply have stopped looking for work.

People are not going to go on buying binges. People are deep in debt and deep in hock,

People are buying things they believe are essentially investments. They are buying homes and cars instead of buying jeans, shoes and toasters.

With gas prices the way they are and with people suddenly being burdened with monthly car payments, they are looking for bargains. People are taking their money from Bloomingdale's to Penney, Kohl's (NYSE KSS - news ) and Target (NYSE TGT - news ).

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.

People are more inclined these days to make themselves rely on one salary instead of waiting for a Wall Street home run, and that is the background of the economic environment.

Americans are being bombarded with announcements of layoffs. Anytime you listen to the radio it's always 3,000 laid off here, 500 there, ... That means a lot of people who have decent jobs and good income hear that little voice in the back of their head asking the question 'could my number be up next' They're buying what they need, but they don't buy frivolously.

There is an exceptional dearth of hot, must-have items. So what people are turning out for is the hope that they'll stumble upon something they can buy and give.