Phil Rist Quotes

"This holiday is definitely a boost for retailers, thanks to the 25 - 34 year-old age group. Restaurants and bars will benefit greatly from this group's increased spending power."

"Taking a look at shopping patterns, we see that consumers are either taking advantage of bargains to purchase items for themselves, or perhaps they are subconsciously buying items for others that they would like to receive themselves."

"Over the past few years we have seen the bulk of the Valentine's spending shift from young adults to middle-aged consumers."

"Though a large percentage of shopping has been completed, many sales have not been recorded due to heavy purchasing of gift cards, which are not recorded until merchandise is redeemed. Most consumers will have their shopping completed by Christmas Day, but will head out after Christmas to take advantage of discounted merchandise and spend gift cards."

"Wal-Mart gets more than 100 million customers a week. It's still growing its sales double-digit every year."

"Restaurants and bars will benefit greatly from this group's increased spending power."