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Britt Beemer Quotes
«It's a reflection of the bargain-hunter mentality of America since Sept. 11. Americans certainly changed the way they look at what they spend their money on.»
«She was off the charts. Right up there with Martha Stewart.»
«Everyone has been amazed by their success.»
«I think that Wal-Mart has come to the realization that it cannot be focused on low-prices alone. They need a broader offering.»
«It certainly is a niche. But there's no guarantee of success. You just have to have people talking about it from the day you open.»
«With their low margins, they can't afford to have unprofitable stores. It could destroy the profitability of the chain.»
«Shoppers won't just be at the mall this weekend, but they will be checking things out online. Where they find the better deal is where they might actually make the purchase.»
«I see an extremely promotional shopping environment. I've advised my retail clients to be super aggressive Thanksgiving weekend. Retailers don't want to do it from a margin perspective, but otherwise they won't see shoppers in stores. Consumers have less money to spend and they'll take their 'less money' elsewhere.»
«There are a number of consumers I've talked to who have given money to hurricane funds in lieu of gifts. Last year luxury retail was the grand slam .... If this shopper cuts back, it will send Wall Street into a spin.»
«High hotel rates that border on price gouging are the single biggest issue that I hear retailers complaining about, and they usually use the word 'abuse' in their complaint,»