Quotations
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Britt Beemer Quotes
«I'm just amazed at how few people shopped, ... The lack of big discounts hurt retailers.»
Author: Britt Beemer
«Today, only about one-third of holiday purchases are returned as compared to just four years ago, ... Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.»
Author: Britt Beemer
«I think the big story of Christmas will be this shift in consumer attitudes where people felt that stores gouged them with their pricing strategy, ... The 30 to 40 percent discounts this year instead of the 50 to 70 percent off last year will help profits but will hurt customer loyalty in the long term.»
Author: Britt Beemer
«Consumers believe that the bigger, better deals happen closer to Christmas, and they're willing to wait, ... Last year, lots of consumers were disappointed because they didn't see the early discounts. Shoppers are playing a game of cat and mouse, and they're waiting to see if the retailers will outlast them.»
Author: Britt Beemer
«Electronics is particularly hot cause there is nothing else that has created much excitement for consumers, ... Our research indicates that 44 percent of shoppers have completed their holiday shopping and about 20 percent still have to start it. This weekend we think more dollars will be spent overall. Apparel sales could benefit form colder weather but watch out for electronics to come out on top again.»
Author: Britt Beemer
«Retailers are fighting lower profits than in years past. The industry's is definitely more competitive today and companies have to do what they can to not take unnecessary markdowns,»
Author: Britt Beemer
«I've advised clients that when you get into these types of situations, the PR battles are so bad. You might as well get out of it and not fight it.»
Author: Britt Beemer
«This summer, the consumer was cautious, with all the uncertainty going on in the country. But almost all of those worries are gone, and that is good news at the start of the holiday season.»
Author: Britt Beemer
«It's interesting they flipped the jobs. They want the future CEO to have experience on the domestic and international side equally. It may be that Wal-Mart looks at the international side as equal to the U.S.»
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