91 Total Quotes

Kurt Barnard Quotes

I think the future lies in two different kinds of Internet players. The one is the bricks and clicks, and that will be the dominant factor in the business, ... The other one will be highly specialized pure play click operations that carry things, do things that are simply not available elsewhere through other channels.
Kurt Barnard
#Future

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.
Kurt Barnard
#Jobs

Consumers are extremely cautious today, and that caution has not really very much to do with consumer confidence indexes. It's related almost exclusively to one item, one four-letter word: jobs.
Kurt Barnard
#Caution

Consumers still aren't in a spending mood, ... This year is going to be modestly better. The emphasis is on the word 'modest.'
Kurt Barnard
#Consumers

What the Gap is doing is not only what it must be doing, but what it should have done a long time ago.
Kurt Barnard
#Gap

Remember, there are still over 2 million unemployed workers and over 5 million are on part-time jobs. Christmas will be moderately better simply because last year was so bad. But unless this jobs picture improves, it's hard to say that the retail industry has finally turned the corner.
Kurt Barnard
#Christmas

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.
Kurt Barnard
#Jobs

Until the unemployment picture improves, consumers will be very cautious about their spending habits. We think the second half of the year could also be difficult for the retail industry unless the job demand improves.
Kurt Barnard
#Unemployment

The key for them is the marketing of a new and totally different identity from Wal-Mart or Target or anybody else, ... They have to create their own distinctive identity. The kind that will make you and me wake up in the morning and say, 'I need a new pair of pajamas -- I think I'll go to Kmart.'
Kurt Barnard
#Identity

Its formula is essentially one that appeals to just about everybody, and that takes advantage of a fundamental need -- pay less than you have to elsewhere, ... It is a totally irresistible formula that, so long as there is such a thing as buying and selling, will not fail.
Kurt Barnard
#Advantage

High-end stores depend on continued spending from clients that over the past four years have amassed considerable wealth, ... Sales at upscale stores like Saks and Neiman Marcus are also going strong because the stock market has been very customer friendly to this group.
Kurt Barnard
#Past

It's charitable to use the word 'dismal,' ... It's a reflection both of the weather and the contraction of the economy, and it really seems to have hit everybody.
Kurt Barnard
#Economy

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.
Kurt Barnard
#Caution

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.
Kurt Barnard
#Circumstances

It is a good time if you're willing to accept slow growth and slow improvement. We do not anticipate at this time that the foreseeable future will bring a real strong massive upturn in consumer spending.
Kurt Barnard
#Growth

This has become far more important today. Kids are becoming more independent.
Kurt Barnard
#Kids

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.
Kurt Barnard
#Economy

Competing on price with Wal-Mart doesn't work. Hopefully they will never do it again. It was a bloody experience for them.
Kurt Barnard
#Experience

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.
Kurt Barnard
#People

They are all planning very cautiously, very carefully. Some companies have very decent inventory controls, but however good those controls are they still have to do some economic forecasting, and forecasting is a little difficult this time around. Nobody is going to spring for big orders until there's evidence that consumer demand is back, and there is no such evidence to date.
Kurt Barnard
#Planning

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.
Kurt Barnard
#Jobs

It is a coming back down to earth. About two or three months ago, the world was swept up by the notion that the economic recession is over and the good times are rolling again. That meant consumers would be knocking down the doors of retailers the way they did a few years ago. But guess what? It ain't happening.
Kurt Barnard
#Earth

Discount stores are doing very well, and home-oriented retailers are doing very well. But most of the others are dragging their heels.
Kurt Barnard
#Home

They have all learned one lesson -- make yourself more efficient. Operate more economically, and do more with less.
Kurt Barnard
#Economically

They are now getting into the apparel business in a way they have not known before -- in a way that establishes Sears Roebuck as a major operation in apparel.
Kurt Barnard
#Business

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

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.
Kurt Barnard
#Jobs

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.
Kurt Barnard
#Action

By shuttering the Marshall Field's catalogs, Target is saying something about its department stores business -- business isn't what it used to be, ... Part of the reason is that department stores overall are doing badly.
Kurt Barnard
#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,
Kurt Barnard
#Home