Ken Perkins - Morningstar

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Last quote by Ken Perkins

It is part of Amazon's overarching goal to inexorably move into every corner of retail. Secondly, it is a direct move to pull consumers away from its chief retail rival Walmart, which has been far more aggressive competing with Amazon on price, offerings, delivery and building out its formidable e-commerce operations.feedback
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Jun 06 2017 Walmart
Ken Perkins has most recently been quoted in an article called Here's how these retailers could turn things around this week. Ken Perkins said, “The problem plaguing [department stores], and much of the industry, has been the inability to grow the top line in the wake of declining foot traffic.”. Ken Perkins has been quoted a grand total of 27 times in 23 articles.
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Ken Perkins quotes

Dec 23 2016 - Amazon

Consumer's affinity for digital shopping felt like it hit a tipping point in Holiday 2014 and has rapidly accelerated this year. Shoppers are transacting on mobile devices at a rapidly increasing rate and e-commerce sales are growing at a phenomenal pace.feedback

Dec 21 2016 - FedEx

The annual post-Black Friday shopping lull was even more pronounced this year. Super Saturday weekend needed to be a blowout to make up for declining foot traffic the previous three weeks. Unfortunately from our store visits, it appeared to be anything but.feedback

Dec 15 2016

They've really got to have a good day because the traffic levels have been pretty anemic. It's going to be difficult to make up [for a soft November]... but a strong weekend would go a long way toward salvaging the holiday season.feedback

Dec 15 2016

It's a vicious cycle and it feels like a race to the bottom, but what else are they left to do?feedback

Nov 22 2016

The consumer in general is far more budget-conscious than they were in previous generations.feedback

Nov 10 2016

The question is, is the demand going to come forth and help them drive growth that's not financially engineered.feedback

Oct 27 2016 - Walmart

I expect Wal-Mart will outpace Target. Target has a big price hurdle.feedback

Sep 09 2016 - Kroger

(Kroger) did not drastically cut guidance which has probably provided some support.feedback

Aug 08 2016

This same group kicked off the [first-quarter] retail reporting season in May with less than stellar results that initiated a brief period of 'the sky is falling' mentality. We may be setting up for a similar scenario here in August and would not necessarily read through tough department store results.feedback

May 12 2016

It's going to be a continued difficult slog, at least in the first half, against a relatively decent macro backdrop, which has got to be concerning to these guys.feedback

May 12 2016

Given that they're [department stores] the first ones out the door, they put a more negative spin on the whole retail landscape.feedback

May 12 2016

I don't think they're [consumers] of the same mindset. The sky really was falling in '09.feedback

Feb 04 2016

Earnings (at retailers) remain weak and troublesome.feedback

Jan 15 2016

[Retail's] earnings growth is still limited.feedback

Jan 07 2016

Obviously Macy's was very disappointing after the close yesterday, but not unanticipated. But most everything else that's come in has been relatively good.feedback

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