Quotations
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Britt Beemer Quotes
«It costs some retailers as much as 20 percent per item to re-tag it, get it back on the shelf or rack and try to sell it again.»
Author: Britt Beemer
«The success of GM's employee discount sale is a great example that consumers still are in a mood to buy. However, I think Christmas spending could be a little narrower than last year.»
Author: Britt Beemer
«A middle-income shopper may migrate to a Nordstrom from a Macy's and spend $65 instead of $45 on a gift because they are serviced better at a Nordstrom, ... Department store chains like Sears and J.C. Penney need to be very aware of this if they want to retain their shoppers over the holidays.»
Author: Britt Beemer
«Parents have much lower spending plans this year, with the average at $296.20 compared with $411.24 a year ago,»
Author: Britt Beemer
«The toy category continues to struggle, ... Our survey shows that this year 33.5 percent of weekend shoppers said they bought toys compared with 37.5 percent last year. The big surprise was electronics, which came in flat with last year at 19.7 percent. One reason for this could be that people simply couldn't find what they were looking for.»
Author: Britt Beemer
«Oldsmobile demand and sales did not collapse overnight. GM sat back and watched it happen, ... Your father's car ultimately became a hearse. You've got to have product categories that are growing categories. The four-door sedan is not the growing category.»
Author: Britt Beemer
«There's no doubt in my mind that the day that the CEO from Bridgestone/Firestone was put on the air to apologize for this, it would be the very last day that that person would be working there, ... For a Japanese executive to go that far and assume the responsibility really is tantamount to saying, 'I've caused all these problems with my bad management style,' and that's why I think you'll see somebody go into Bridgestone and I'll bet he'll make huge changes.»
Author: Britt Beemer
«Starting in the late 1980s, employees and prospective employees in the retail sector stopped looking at retail as a career opportunity. They look at it as a temporary stopover until something better comes along. When this happens, everybody loses -- employees, customers, stores, etc,»
Author: Britt Beemer
«Sears gets five times more demand for its home appliances than Lowe's and Home Depot,»
Author: Britt Beemer
«This is a core product category that generates a lot of profit from sales of products and the extended service warrantees. Sears needs to protect this business at all costs.»
Author: Britt Beemer