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.
More Quotes from Michael Niemira:
Momentum toward the end of the month is a good sign heading into the holiday season.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.
Michael Niemira
Although Sunday was the weakest day of the Thanksgiving weekend, retailers shouldn't be too alarmed as this is a typical and traditional pattern from previous years.
Michael Niemira
The other thing is that as retailers move into a period of tougher comparisons in the second half of the year, it will be difficult for them to maintain the same pace of sales growth that they've enjoyed in the first half.
Michael Niemira
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