Michael Niemira Quotes


33 Michael Niemira quotes:



"Wal-Mart is not a bellwether for the broader industry this season. The action isn't among their customers."
Author: Niemira Quotes Category: Action Quotes
"Electronics was a pocket of strength. The discounting and promotional environment this past season was very much a part of the broader economic picture painted back in the late summer, when we saw rising gasoline prices."
"Last week's sharp decline in consumer confidence, as measured by the ABC News/Washington Post Consumer Comfort Index, may have been a precursor of this week's spending drop."
Author: Niemira Quotes Category: Comfort Quotes
"One of the key takeaways from today's report is the consistency of the underlying pace of consumer demand, which is holding up reasonably well if you ignore the auto component,"
"One of the key takeaways from today's report is the consistency of the underlying pace of consumer demand, which is holding up reasonably well if you ignore the auto component."
"Clearly everyone was hurt by the weather and store traffic declined sharply. But retailers can hope to recover this weekend, and from the one extra shopping day this year."
Author: Niemira Quotes Category: Hope Quotes
"January was good across-the-board. When we do see more breadth to improvement, it usually indicates that an improving economy is helping. This is a good signal for retailers this fiscal year."
"So far it's been the lower-income consumers trimming their discretionary spending, ... However, a recent survey we did indicated that the gas and energy cost concerns may be moving up the income strata. That's something to watch out for."
Author: Niemira Quotes Category: Income Quotes
"The message may be that the finish to the holiday season was very good. However, Wal-Mart's monthly sales growth seen together is still on the weak side,"
Author: Niemira Quotes Category: Growth Quotes
"Despite the fact that gas prices have been creeping up since last year, our research shows that consumers have not really altered their buying of discretionary items, ... I think the effect on consumer spending has more or less been neutral."
Author: Niemira Quotes Category: Research Quotes
"The public face is we're happy, we're happy. But the reality is it is a moderate pace. It was a season that still has a way to go because of the rise of the gift card."
Author: Niemira Quotes Category: Reality Quotes
"The big talk about value we haven't heard in 10 years since the last recession, but it comes back, and that's where we are now. Will department stores pick up again? Sure, but it will require the economy to first turn around."
Author: Niemira Quotes Category: Value Quotes
"Retail industry sales volume has been relatively steady over the last month or so. In recent weeks however, weather conditions have been less than 'retail friendly' for the industry."
Author: Niemira Quotes Category: Sales Quotes
"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: Niemira Quotes Category: Rest Quotes
"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: Niemira Quotes Category: Rest Quotes
"November's upward revision probably mitigates the miss in December but I think the total year-over-year sales comparison might be a better barometer."
Author: Niemira Quotes Category: Sales Quotes
"That means that we may see non-auto sales pick up and get a rotation away from auto sales as the incentives taper off."
Author: Niemira Quotes Category: Sales Quotes
"We have gone through a slowdown from the more robust pace of sales in the first-half of the year, but I think the slowdown was cause for some worry, not a real concern, ... Higher gasoline prices have taken the oomph out of the economy and spending. But without more conclusive evidence of a drop in discretionary spending, I would say the slowdown is more temporary than real."
Author: Niemira Quotes Category: Sales Quotes
"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: Niemira Quotes Category: Sales Quotes
"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: Niemira Quotes Category: Sales Quotes



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