Retail sales were pretty good, considering at the start of the season we were looking at 3 gasoline and were still recovering from the hurricanes. Consumers got out early and responded to early-bird specials, but there wasn't much new. There was no hot toy or hot apparel look.
More Quotes from Britt Beemer:
Electronics is particularly hot cause there is nothing else that has created much excitement for consumers, ... Our research indicates that 44 percent of shoppers have completed their holiday shopping and about 20 percent still have to start it. This weekend we think more dollars will be spent overall. Apparel sales could benefit form colder weather but watch out for electronics to come out on top again.Britt Beemer
The closer you are to them, the greater the impact they'll be. If you can get almost one out of four people to shop at an outlet mall, that's a lot of people. It might not impact East Cooper. It might not impact Summerville. But somebody's going to feel them because that's quite a bit of business.
Britt Beemer
Oldsmobile demand and sales did not collapse overnight. GM sat back and watched it happen, ... Your father's car ultimately became a hearse. You've got to have product categories that are growing categories. The four-door sedan is not the growing category
Britt Beemer
The two executives are also swapping territories. Menzer, 54, will take over the U.S. business after serving as chief executive officer of Wal-Mart International. Duke, 55, will run the international division after heading Wal-Mart Stores U.S. A. Its interesting they flipped the jobs, ... They want the future CEO to have experience on the domestic and international side equally. It may be that Wal-Mart looks at the international side as equal to the U.S.
Britt Beemer
They won't be there in 10 years. Most independent drugstores have given up and gone as the big drugstores come into town. ... It's kind of the end of an era.
Britt Beemer
There are a lot of wealthy income consumers that have given a lot of money to hurricane funds, and they're saying they're doing that in lieu of Christmas gifts,
Britt Beemer
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Based on Topics: Sales QuotesBased on Keywords: early-bird, specials
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