Kim Picciola Quotes

This last week is going to be critical particularly for those retailers that have gotten off to a slow start. We expect retailers to step up their levels of promotional activity. - Kim Picciola

They posted stellar results despite an uncertain macro environment... It's a testament to the strength of the brand and their ability to execute. There appears to be no slowdown in spending for the luxury consumer. - Kim Picciola

The holidays will be challenging. They will have to have compelling products or good promotions to drive store sales. - Kim Picciola

The Chris Madden collection has been doing very well... She's helped spruce up Penney's home offerings. Having the Madden designer brand in its stores has given Penney much-needed credibility, especially with the younger, trend-conscious consumers. - Kim Picciola

Penney made a very concerted effort to improve the home business and overcome its stodgy image. It's definitely gained market share in that area while Pier 1's been losing market share. - Kim Picciola

No one feels like it's going to blow the numbers out of the water compared to last year. We think back-to-school got off to a pretty slow start in July, but we're expecting retailers will make up some of the lost ground in August. - Kim Picciola

It's a testament to the strength of the brand and their ability to execute... There appears to be no slowdown in spending for the luxury consumer. - Kim Picciola

It seems that Sears would want a merchant running the business, and it would be investing more money into enhancing the shopping experience at its stores. - Kim Picciola

Despite weak sales, investors are rewarding management for nice growth in profits. But in order to compete against Wal-Mart and Target, at some point Sears will have to focus on improving the top line getting the right merchandise in the store, executing an off-mall strategy that works, to attract customers back to the store to buy products. - Kim Picciola

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