Quotations
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Michael Niemira Quotes
«The Commerce Department's adjustment implies that there was a huge negative impact from the auto incentives, and without their adjustment, the rise in auto sales would probably have been closer to zero, ... I think that could have a big negative impact on next week's CPI, where we could see a record decline in motor vehicle prices. This in turn could set us up for a very low CPI or even a decline.»
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
«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
«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
«While there is some concern regarding the continued retail sluggishness this season, consumers have an additional two days this year to finish their holiday shopping, which may boost this season's final retail performance.»
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
«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
«Shoppers seemingly avoided malls due to perceived security concerns about being there on Halloween.»
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
«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