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Letter "M" » Michael Niemira Quotes


«It's a decent-to-moderate performance for the industry as a whole.»
«It was a season that had a lot of uncertainty attached to it. But the economy started to turn up in December, which was helpful.»
«Retailers needed to be promotional because of the energy story. We didn't really see any strengthening this season, but we didn't really see any weakening either.»
«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.»
«During the month of January, about 40 percent of gift cards are redeemed and that is exactly what consumers began to do this past week. As a result, chain stores saw their sales rise slightly.»
«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.»
«They were really much more down to the wire.»
«It was a moderate sales performance; good but not great. It really showed the resilience of consumers to spend on the holiday despite some strong head winds.»
«This is not a great showing, but not a poor showing. It is somewhere in between.»
«October's sales performance highlights that there is underlying demand across sectors, and it remains relatively steady as we head into the holiday season,»

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