KB
Kurt Barnard
223quotes
Quotes by Kurt Barnard
Kurt Barnard's insights on:

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So far I think he has done quite well under very difficult and trying circumstances, ... He's making the store more appealing and easier to shop, and has been reviewing the product mix for the last several months now and we have seen some very favorable shopper response.

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What Sept. 11 has done to the economy is to accelerate, hasten and deepen the decline, but the decline existed before. The attack gave it the extra push in terms of retail sales. If you don't have a paycheck coming in, it doesn't matter how much cost of gasoline has gone down.

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These two companies gave a must-have lesson for all retailers, ... Sharper Image combed the globe for unusual and exciting products that weren't run-off-the-mill ... Retailers made the mistake of taking customers for granted and the payoff came two weeks ago in much weaker Christmas sales because of ho-hum kind of merchandise.

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There is spotty evidence that in some stores inventories are running low, but considering that the action that's in the stores is not particularly hot these days, that (low inventories) may not be the worst possible fate. In many cases a lot of stores reduced the orders they placed, and in some cases, canceled orders, which is exactly what's happening.

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These two companies gave a must-have lesson for all retailers, Sharper Image combed the globe for unusual and exciting products that weren't run-off-the-mill ... Retailers made the mistake of taking customers for granted and the payoff came two weeks ago in much weaker Christmas sales because of ho-hum kind of merchandise.

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Upscale stores have done very well because their customers have been fortunate to amass a bit of wealth, so they're not worried about their jobs. But people who live paycheck to paycheck have to be careful, and they look at the price tag before looking at the product.

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These two companies give a must-have lesson for all retailers. Shaper Image has seen sales jump in the double-digits because they keep innovating and offering new, fun and useful products.

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When the full story is reached at the end of the quarter, retail profits will be less impressive, especially in apparel. There was nothing in the display windows (of clothiers) to incite cautious customers to buy.

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These numbers come on the back of heavy discounting. The back-to-school period also fueled results. Beyond that, the situation last year in July wasn't good. So retailers were up against much easier comparisons.

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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.
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