The luxury stores are the ones hitting the home runs and the discount stores are going to end up doing some pretty good numbers, ... I'm very worried that the middle part of the market is not here.
More Quotes from 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
These Thanksgiving shopping numbers will be the lowest in a decade,
Britt Beemer
That number is almost double from last year when only 20 percent of consumers polled has a similar response,
Britt Beemer
This summer, the consumer was cautious, with all the uncertainty going on in the country. But almost all of those worries are gone, and that is good news at the start of the holiday season.
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
It's a typical, mediocre Christmas season. But we've gone through the last years with no hot new toy and no hot apparel look. There's no reason to shop early.
Britt Beemer
Readers Who Like This Quotation Also Like:
Based on Topics: Home QuotesNo one should suffer from the great delusion that any form of communism or socialism which promotes the dictatorship of the few instead of the initiative of the millions can produce a happier or more prosperous society.
Charles E. Wilson
If the power to do hard work is not a skill, it's the best possible substitute for it.
James A. Garfield
I started on the use of the Internet for scientific communication. Our research group was one of the very first to make really systematic use of it as a way of managing research projects.
Joshua Lederberg