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Letter "K" » Ken Perkins Quotes
«For the past two to three years, this sector is struggling very hard in terms of trying to excite the consumer, with the exception of the high-end players like Nordstrom or Neiman Marcus.»
Author: Ken Perkins
«Weather transitioned from a major negative in May to a major positive in June,»
Author: Ken Perkins
«The news has been pretty positive given the headwinds consumers and retailers alike have been facing, ... encouraging.»
Author: Ken Perkins
«I wouldn't read this at all as a shift in consumer trends. Discounters are benefiting from a weak economy and they have been taking market share from department stores.»
Author: Ken Perkins
«April comps will reap the benefits of Easter holiday sales. But as usually is the case with March and April, it's best to view the two months on a combined basis. Retailers find themselves against a stiff 7.1 percent gain a year ago.»
Author: Ken Perkins
«Is this just a blip on the radar? I think it could be. The economy seems to be snapping back. The third-quarter GDP number was a blowout number. I don't think it will be that great in the fourth quarter, but consumer spending will hold through the holidays. Also, retailers will be benefiting from easier comparisons in November and December.»
Author: Ken Perkins
«On the economic front, there haven't been significant improvements in jobs and wage growth, and the comparable sales comparisons are only getting tougher. It sounds reasonable to expect big discounts this year. The macro factors would suggest it.»
Author: Ken Perkins
«Weather transitioned from a major negative in May to a major positive in June.»
Author: Ken Perkins
«As rates continue to rise, there's less ability for consumers to refinance and take money out of their houses.»
Author: Ken Perkins
«Best Buy traditionally has been the primary player here and taking share very aggressively from some of the other players in the space, but Circuit City looks to have held their own here this holiday season. The discounters have tried to get into the space. Wal-Mart's been very aggressive in moving in there.»
Author: Ken Perkins
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