The closer you get to Christmas, there's this mentality on the part of consumers where they're willing to go out just a little bit more to get the even bigger discounts.
More Quotes from Britt Beemer:
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.Britt Beemer
One thing that shocked me was that the number of consumers planning to buy gift cards this Christmas is not as big as last year.
Britt Beemer
What's happens is retailers become known for certain things. You want to be known for some product category. You want to be known for a return policy.
Britt Beemer
Sears gets five times more demand for its home appliances than Lowe's and Home Depot,
Britt Beemer
China has given American consumers the best values they have seen in their lifetime.
Britt Beemer
I'm surprised they kept any of the May company brands, frankly.
Britt Beemer
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