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Letter "M" » Michael Niemira Quotes
«While retailers are pleased with (Christmas) performance, the holiday shopping season is far from over, since about 60 percent of gift-card redemptions occur between Dec. 26 and the end of January.»
«This is not a great showing, but not a poor showing. It is somewhere in between. Consumers are not splurging everywhere. It is a little here and there. The consumer is very selective.»
«Easy comparisons due to last year's storms helped to lift the year-over-year sales pace above expectations for the week.»
«These things don't happen very often.»
«January is not a bellwether month.»
«This past week retail chain store sales recovered nicely as consumers stocked up on consumable goods in preparation of the Super Bowl and continued to take advantage of seasonal clearance items.»
«This past week retail chain store sales were affected by two key factors -- weather and the opening of the Olympics -- as consumers directed their attention to things other than shopping.»
«We're already seeing indications of that.»
«This is more than just a weather story. The beginning of the week was OK, but the fall off began on Friday. Sunday was particularly weak.»
«It'll be a very choppy pattern.»