Quotations
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Scott Krugman Quotes
«These very same consumers are the ones mainly impacted by the higher price of heating their homes, so they may not have as much disposable income this year as last year and that certainly will be a challenge for discounters.»
Author: Scott Krugman
«The retailers want to make a big push for fall apparel this year. That's definitely a fact. There's a very strategic message here. This is well planned out in advance. The question isn't so much the timing of the markdowns as it is the amount of inventory.»
Author: Scott Krugman
«We might skirt near a recession, and this could change tomorrow ... but layoffs aside for a second, there are some positives. The government is being very active by putting liquidity back into the economy, and recent tax rebates and cuts in the tax rate have helped consumer confidence.»
Author: Scott Krugman
«Saddam's capture could provide a psychological boost to consumers who have been distracted by geopolitical uncertainly. However, in the short term it will have a negligible impact on spending trends.»
Author: Scott Krugman
«The stores [in Washington, D.C.] were just jam-packed. That's exactly what you want to see -- not just shoppers, but people carrying bags.»
Author: Scott Krugman
«A good holiday season means great things for the economy since consumer spending makes up two-thirds of the gross domestic product, It could create something of a slowdown in the beginning of next year if consumers are really splurging right now.»
Author: Scott Krugman
«By the time it comes back to them, it's on markdown.»
Author: Scott Krugman
«The consumer has proved more resilient than many thought. We're still in the middle of a very busy week that can account for 10 to 15 percent of holiday sales, especially with all the unredeemed gift cards. It's not over yet.»
Author: Scott Krugman
«It's not a niche holiday by any stretch. It's the first big event after the (winter) holiday season. January is a bit of a lull month for the industry. Not counting back-to-school, Valentine's Day is the second biggest season for spending.»
Author: Scott Krugman
«Outlets need to be innovative. They need to make sure they are attractive and that they are speaking to the demographic. But by no means are they past their prime or suffering a stigma of being low-end shopping.»
Author: Scott Krugman