Kurt Barnard Quotes on Time (14 Quotes)

    While it's true that Sears is stuck in a sales slump for a long time, the retailer has also been in a restructuring mode, ... By getting rid of the credit business, it can finally devote all its resources to its core business. I'm convinced Sears will deliver impressive results in the next six to 12 months.

    Early indications show that store traffic and the promotional activity is at lower levels than last year at this time. I wouldn't be surprised if many retailers try to get away with selling merchandise at full price.

    Retailing and consumer spending are a function of a four-letter word -- jobs. And there are no jobs being formed in the United States at the present time. We are in an unfortunate labor climate, one that might be called not at all propitious for retail spending.

    Consumer spending is heavily devoted to hard goods. That implies for the most part that home-oriented things have been doing well for some time, ... Home sales have been skyrocketing. Every time a home changes hands, tens of thousands of dollars are spent on decorating, furnishings, adding new kitchens and bathrooms.

    Retailers know that for a lot of consumers, this is a time of uncertainty about their jobs, ... This will make them frugal with their holiday shopping and they will be on the hunt for the best deals out there.

    It's a good industry. It's growing, and it has been growing for a long, long time, but I think the May company is particularly interested in getting access to the bridal business,

    Demand is great simply because home sales have been going through the roof, and every time a home is occupied for the first time, usually tens of thousands of dollars are spent on furnishing it and refurbishing it,

    The thing that drives retail sales most and best is job availability and the ease of obtaining new jobs. Both of these factors are absent at the present time. It may not be until the end of the year that we see job growth.

    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.

    Even the most loyal customers won't be able to resist a very good bargain. And by the time the loyal customer has bought all the Wal-Mart bargains, there won't be very much left for Target.

    He (Loeb) has been in charge for a long time. He is basically ready to step down.

    It's going to continue on this level for some time. Maybe if the weather really improves, we'll find a little pop to retail sales, but even if it does improve, there will still be the contraction in the economy.

    The August figures this time are basically not very reliable for anything whatsoever. A lot of the Labor Day activity will come in September this year.

    Today's (consumer confidence) numbers do very little other than to simply confirm what we had predicted some time ago, that a consumer spending slowdown is basically inevitable so long as the employment climate remains as stagnant as it is,

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