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Letter "M" » Michael Niemira Quotes
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«Wal-Mart is not a bellwether for the broader industry this season. The action isn't among their customers.»
Author: Michael Niemira
«Overall, the American consumer has not let retailers down so far this season,»
Author: Michael Niemira
«Despite the weather-induced dip in sales compared to the same period last year, it is not clear whether it was just a shifting in demand to future shopping days or mediums such as online and catalog sales.»
Author: Michael Niemira
«For now it seems as though the industry will have time to recoup the loss in demand due to Mother Nature,»
Author: Michael Niemira
«[Mix 'n match season for apparel :] Apparel is clearly a mixed bag, ... We have some very good and very weak performers.»
Author: Michael Niemira
«December's performance was mixed although we had already picked up from retailers through the holidays.»
Author: Michael Niemira
«November's upward revision probably mitigates the miss in December but I think the total year-over-year sales comparison might be a better barometer.»
Author: Michael Niemira
«To some extent, this downturn in the pace of sales may hold a silver lining for the upcoming holiday season, as consumers build up their savings ahead of holiday spending.»
Author: Michael Niemira
«What we've seen on Black Friday historically is no clear indicator of how holiday sales will finish. Even though we might not see heavy promotions this year, we think underlying consumer demand is strong. If people want to wait until after Christmas for the big sales, they run the risk of picking up leftover merchandise.»
Author: Michael Niemira
«Holiday sales came through in a big way late in the season. Now it remains to be seen whether sales in the coming months fall off a bit given low remaining clearance inventories for many retailers. That however, should be taken as a positive sign for the industry, not a negative one.»
Author: Michael Niemira
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