When clothing styles went flat for a few years, people no longer had a reason to shop at department stores.
More Quotes from 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 categoryBritt Beemer
It's a reflection of the bargain-hunter mentality of America since Sept. 11. Americans certainly changed the way they look at what they spend their money on.
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
They're trying to sell to a 2006 customer with a 1980s presentation. When people want to shop at your store because of a unique battery, that's a weak niche.
Britt Beemer
I won't be surprised if a day comes very soon when the customer is charged 5 for every return. On the one hand, tougher measures frustrate the consumer. But retailers also don't want to struggle with unnecessary discounts.
Britt Beemer
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