Quotations
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Richard Hastings Quotes
«It's just a number. Vendors are worried about getting purchase orders, and getting paid. That's a real concern. But investors are worried about getting on the momentum express before it leaves the station.»
Author: Richard Hastings
«The holiday is clearly growing in importance for the industry. Halloween is fun, enjoyable and doesn't require a big investment to celebrate. The primary focus is the child and families typically do all they can to make sure the children have fun.»
Author: Richard Hastings
«Weaker spending on seasonal goods has been building up for four months now. The two factors hurting consumers particularly at the low- and middle-income levels are that wages have not grown and gasoline prices could go even higher.»
Author: Richard Hastings
«Halloween will be a slam-dunk for merchants despite the weakening consumer spending trends.»
Author: Richard Hastings
«July sales were weaker than expected. Summer can be a volatile season for retailers but I am a little surprised by the weakness in apparel. I'll be keeping an eye on discretionary spending going forward.»
Author: Richard Hastings
«To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.»
Author: Richard Hastings
«One area of trouble in consumer spending is households and individuals with weakening credit profiles. So far it's not yet a majority of households but the number of consumers in credit distress is on the increase. That's something to keep an eye on,»
Author: Richard Hastings
«Consumers are benefiting from a combination of tax stimulus, new products, good apparel fashions and compelling prices.»
Author: Richard Hastings
«On shopping networks, people model the products, demonstrate how it works and actually make it fun for viewers to associate with what's being shown.»
Author: Richard Hastings
«If spending on durable goods slows down, it could also weaken sales of consumer electronics, especially on big ticket items that have a higher profit margin but are interest rate sensitive.»
Author: Richard Hastings