Kurt Barnard Seeing Quotations

We're seeing the consumer back at the discretionary counters and that is good news for the entire industry.

We're seeing clearance sales that are early by at least three to four weeks. Going back to the beginning of summer they had a lot of inventory on hand and they need to get rid of it, ... Second-quarter earnings are going to reflect the markdowns. Everybody has been caught in the downdraft.

We are really seeing a cautious consumer who is cutting back on discretionary spending.

What we are seeing is that consumers' cautious spending is now stretching to the low-priced discount stores as well as to the other stores. ...Today, saving money is chic. Bargain hunting is fashionable.

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.

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.

The jobs situation is still not resolved. Across several industries, inventories are rising, and we're seeing that consumers are trading down. That's an indicator that people are not beset with worries but they are turning cautious.

By and large, we're seeing a public that is up to his eyeballs in debt.