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Letter "K" » Kurt Barnard Quotes
«Kmart is in a condition of repair right now, ... It is almost surprising they are down only 2 percent. They have a huge amount of over-age inventory they have to unload.»
«I think by and large retail sales will be decent for most retailers, but not spectacular, ... Most will come in with same-store sales very much below the formidably high same-store sales of last year.»
«Just remember one thing - the competitive world around Home Depot is changing. Lifestyles are changing. He has stay not just on top of those changes, but a mile ahead of them.»
«There's a general sense of weakness and caution and I'll tell you, the headlines in the newspapers these days do not help, ... We're seeing more layoffs and consumers are beginning to feel there's a cold winter breeze suddenly blowing their way.»
«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.»
«If this is a hot summer, we are going to see an overwhelming number of air conditioners sold, ... And even if it's not a hot summer, air conditioners will be a hot seller.»
«July sales numbers are not going to be very good, maybe a tad better than they would have been without the checks,»
«Consumer spending had been in decline before this awful tragedy happened. Now comes this additional damper, ... Considering we are living in state of shock, sorrow and sadness, we really can't expect people to just go out on wild shopping binges.»
«From what I've seen, Sears is well underway to making itself into a more efficient and a more pleasant-to-shop retail establishment, ... It is likely to become a powerhouse in the mass-market arena and perhaps look a little bit like a combination of a large discount store and Kohl's.»
«The magnitude of the demand tells the retailer how to act and what to do, ... If a product is hot, clearly there's not going to be a markdown. But if demand suddenly slackens and there's still a lot of merchandise left in the store on that particular day, they will mark it down.»