Quotations

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Richard Hastings Quotes

«The consumer is jittery. Rising debt levels, inflation and higher gasoline prices are all real threats and a drag on spending.»
«Halloween this year falls on a Friday. That should be helpful for retailers because the party carries into the weekend.»
«Mass merchandising and discount retailing is moving in a big way toward private labels and exclusive designer brands, ... That Wal-Mart is rumored to be contemplating something like this is logical, given the trend in the industry.»
«People are still crazy. Sure, gas is expensive, but look on the bright side. People are still crazy and they're going shopping.»
«Our recent visits to some stores indicate better controls over displays, clutter, and shelf appearance, necessary steps to stabilize store aesthetics in support of their apparel initiatives.»
«Wet Seal is a turnaround situation that has been helped by strong industry vendor credit support and solid communications with their vendors.»
«Retailers know that many people will wait until after Christmas for the big purchases. So they don't want to go too far into the holidays with excess inventory that they eventually will heavily discount.»
«The simple fact is this: Wal-Mart is not everything to everybody 'always'.»
«January is not just clearance month anymore. It's winter-season full-price selling, because Christmas and holiday merchandising is really promotional. These days, that's when you see the really deep discounts.»
«Retailers have very big orders from vendors ready for delivery right before and right after Christmas. They want to look really, really good. That's when they come out with the richest displays of winter merchandise, and it culminates with Valentine's Day.»

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