I'm surprised they kept any of the May company brands, frankly.
More Quotes from Britt Beemer:
I think retailers will hold prices up to 40 percent off before Christmas and then go even deeper in January to clear inventory. No doubt, heavy discounts help sales but they hurt profits. And retailers, more than ever, know that they have to answer to Wall Street and not Main Street.Britt Beemer
I'm worried right now that we could have the first negative Christmas selling season in two decades,
Britt Beemer
Only a month ago, I felt we could see the first negative selling season in over 20 years, but the drop in gas prices has given consumers a newfound shopping spirit that should sustain them throughout the month of December.
Britt Beemer
The first thing you would do is you'd assume responsibility,
Britt Beemer
That number is almost double from last year when only 20 percent of consumers polled has a similar response,
Britt Beemer
China has given American consumers the best values they have seen in their lifetime.
Britt Beemer
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