Kurt Barnard Quotes
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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Spotty | Evidence | Stores | Inventories | Running |
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This is actually a little worse than I expected, and particularly bad when viewed within the context of a year ago, which was already very weak.
- Kurt Barnard
It wasn't surprising really. The August same-store numbers really confirm the trend of slowing retail sales and consumer spending... August was the back-to-school that wasn't. August and back-to-school doesn't quite have the importance it did a decade ago, but outside of that make no mistake, consumer spending has slowed down and Americans are tapped out.
- Kurt Barnard
