Quotations
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Michael Niemira Quotes
«As potential shoppers flocked to the theaters, chain-store sales were a little less robust.»
Author: Michael Niemira
«I think we were already prepared for some of these misses. The key question now is whether this weakness is temporary or does it signal a permanent downdraft in the pace of consumer spending.»
Author: Michael Niemira
«Our analysis of the leading sales indicator, ex-auto, suggests some slowdown now through the fall. So we could see some up and down results for the next few months.»
Author: Michael Niemira
«We have gone through a slowdown from the more robust pace of sales in the first-half of the year, but I think the slowdown was cause for some worry, not a real concern. Higher gasoline prices have taken the oomph out of the economy and spending. But without more conclusive evidence of a drop in discretionary spending, I would say the slowdown is more temporary than real.»
Author: Michael Niemira
«As a result of the recent weakness in sales, ICSC has lowered its monthly sales expectations to 2.5 percent to 3.0 percent from 3.0 percent to 4.0 percent for November, on a year-over-year basis.»
Author: Michael Niemira
«Our research told us that one-third of holiday shoppers would shop later in the season compared to last years. That certainly affected last week's sales and gave a lift to overall sales.»
Author: Michael Niemira
«The message may be that the finish to the holiday season was very good. However, Wal-Mart's monthly sales growth seen together is still on the weak side.»
Author: Michael Niemira
«One of the key takeaways from today's report is the consistency of the underlying pace of consumer demand, which is holding up reasonably well if you ignore the auto component.»
Author: Michael Niemira
«October's sales performance highlights that there is underlying demand across sectors, and it remains relatively steady as we head into the holiday season.»
Author: Michael Niemira
«While retailers are pleased with last week's performance, the holiday shopping season is far from over, since about 60 percent of gift-card redemptions occur between December 26 and the end of January.»
Author: Michael Niemira