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Letter "M" » Michael Niemira Quotes


«It's a moderation after a boom. It's the same thing we're seeing at luxury retailers. There's not necessarily anything that's fundamentally worrisome, it's just the natural ebb and flow of demand.»
«I don't see any signs that Gap is going to get its act together anytime soon.»
«As Mother Nature turned kinder this past week, demand for Easter merchandise and Spring-related items finally drove sales.»
«Despite all the worries on the energy front, sales trends continue to be impressive and remain strong.»
«It shows a relatively healthy sales picture. The question is how will the consumer react when oil prices filter through the rest of the economy.»
«Consumer spending has remained relatively robust into 2006.»
«We worry about the impact of gasoline and inflation, but it's still nothing more than a worry. The reality is that the consumer continues to spend at a pretty healthy pace.»
«No doubt the financial markets are anticipating that something could change. Whether that happens this summer or later remains to be seen, ... There are some broader negatives in the economy right now but the they will take a long time to work through. For now, we can still get decent growth in profits even as costs rise.»
«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.»
«It seems more and more the temporary pause in spending in March was just a pause.»

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