Quotations

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Michael Niemira Quotes

«There was a lot of hype, a lot of promotions and lot of people, but the results were on the lukewarm side.»
«Uncertainty is always bad for retailers. And that uncertainty did not vanish with today's reports.»
«Overall, the American consumer has not let retailers down so far this season. With December shaping up to finish 6 percent stronger than last year, and November already up nearly 5 percent, we can say that this should be the strongest holiday retail season since 1999.»
«Sales were very stagnant during the month of May due to various factors, ranging from record-high gasoline prices to the Memorial Day weekend shift.»
«Momentum toward the end of the month is a good sign heading into the holiday season.»
«The consumer is still very cautious. There was underlying softness in November. It increases the worry about the holiday as a whole.»
«The consumer is still very cautious.»
«Increasingly, the post-Thanksgiving week dip has become a 'standard' part of the holiday shopping season. Although the latest week's decline was not encouraging, it was not necessarily worrisome as only nine percent of households have completed their holiday shopping.»
«Increasingly, the post-Thanksgiving week dip has become a 'standard' part of the holiday shopping season.»
«The strength was largely driven by promotions and did not provide as strong of a start to the holiday season as some retailers would have liked.»

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