Higher prices are driving more shoppers to the Internet instead of to the mall and changing the way consumers are doing their holiday shopping this year.
More Quotes from Lynn Franco:
Consumer confidence readings continue to indicate a strong overall economy. Consumers are not only optimistic about current conditions, but their expectations for the next six months signal continued low unemployment and minimal inflationary pressures.Lynn Franco
The shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season.
Lynn Franco
Hikes in interest rates, severe drought conditions in the Northeast, and rising gasoline prices have helped dampen overall consumer optimism.
Lynn Franco
CEO confidence has slipped considerably over the past two quarters, as both current conditions and expectations have softened.
Lynn Franco
While the Index remains below its pre-Katrina levels, the shock of the hurricanes and subsequent leap in gas prices has begun wearing off just in time for the holiday season. Despite this latest boost in confidence, holiday spending will be driven by the bargains consumers have come to expect.
Lynn Franco
The lack of improvement in labor market conditions continues to dampen consumers' spirits, ... Despite September's retreat, consumers remain cautiously optimistic about the outlook for the next six months. Consumer spending is likely to continue at or near current levels.
Lynn Franco
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Lafcadio Hearn
I'm a businesswoman who's serious about her money. I want an empire.
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Even in the Western world, one cannot argue that the ideal has been achieved given the existence of issues like the integration, participation and representation of Muslim citizens, and occasional but lingering anti-Semitism.
Recep Tayyip Erdogan