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Letter "M" » Michael Niemira 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.»
Author: Michael Niemira
«Weather does matter more at certain times of the year than others.»
Author: Michael Niemira
«For instance, temperatures last week in the Northeast were 10 degrees warmer compared to the same period last year. That helped push sales of seasonal merchandise. Is all sales strength due to the weather? That's hard to say.»
Author: Michael Niemira
«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: Michael Niemira
«I don't think the first three months represent an underlying trend, ... Right now it is the easy comparisons that are driving the results. Going forward, the economic picture will drive sales, particularly the jobs market and whether or not it continues to improve.»
Author: Michael Niemira
«Consumer confidence doesn't always move with consumer spending. Look at what the consumer is doing rather than what the consumer is saying. Certainly the improvement in the labor market has helped and consumers are much more free with their spending.»
Author: Michael Niemira
«We saw softness in apparel and other seasonal merchandise in the latter part of March, ... While higher gas prices pinched tax refund money, consumers have also indicated that they traveled less to shopping centers. The impact from that aspect may not be huge but it was a factor.»
Author: Michael Niemira
«The arithmetic works in their favor. Looking at year-over-year comparisons, March last year was among the weakest months where retail sales also suffered because of a late Easter.»
Author: Michael Niemira
«It looks like that number is tracking at 6.8 percent, slightly higher than what we expected, ... We did expect it would be a lot stronger but sales got pinched at the end of the month because of cooler temperatures in some parts of the country.»
Author: Michael Niemira
«We suspect the storm again hurt sales in the region. Even though this storm was a little more concentrated than last week's storm , it did cut into demand. It will be important to see if that demand is shifted to this week and to next weekend.»
Author: Michael Niemira
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