Quotations
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Michael Niemira Quotes
«Wow, wow, wow, ... We saw widespread gains across categories last month. Looking at the ex-auto component, the (favorable) comparisons are reaching back all the way to March 2000, prior to the slowdown at the peak of the economic recovery.»
Author: Michael Niemira
«The bottom line today is that the economy is improving and the consumer is much more confident, ... This storm undoubtedly will hurt sales, especially on Saturday, but it could also trigger a different response where it shifts demand to other channels such as the Internet, catalogs and to gift cards.»
Author: Michael Niemira
«The thing about discounters also is that their products are all generic, ... That could be challenging sales. The story definitely is that something is changing with regard to the consumer.»
Author: Michael Niemira
«Shoppers seemingly avoided malls due to perceived security concerns about being there on Halloween,»
Author: Michael Niemira
«As we look toward August, ICSC continues to expect the overall outlook to remain positive as additional states begin to offer their sales-tax holidays, which will continue to help spur customer traffic over the coming weeks,»
Author: Michael Niemira
«Black Friday is not always considered to be a particularly good predictor for the rest of the season, as factors like weather, discounting patterns, inventory, and general economic conditions come into play,»
Author: Michael Niemira
«Retail sales (have) faced a number of challenges -- one of the hottest month of September on record in the last 111 years ... which hurt fall apparel categories, two powerful hurricanes and high gasoline prices, all of which tempered consumer demand,»
Author: Michael Niemira
«As consumer confidence weakens, we have scaled back our monthly estimate for September's retail chain store sales to 3.0 percent on a year-over-year basis,»
Author: Michael Niemira
«For September, ICSC expects that overall chain store sales are likely to increase by approximately 3.0 to 3.5 percent, on a year-over-year basis,»
Author: Michael Niemira
«Until July, income growth has outpaced the added dollars spent on gas. But gas prices have risen much faster in August. Income growth still has to outpace the increase in gas prices to at least offset the negative effective on consumers.»
Author: Michael Niemira