This year, it is more about stores' trying to manage their business, their inventories and markdowns. They're also recognizing a second holiday season, which begins December 26.
More Quotes from Marshal Cohen:
Is it a challenge, but the good news for them is that it has been a sleepier brand, so it's not as if they are trying to maintain a property at its peak.Marshal Cohen
That campaign was all about the smaller guy competing with the big boys. That's what Sears tried to do (against discount department stores such as Target, Costco and Kohl's) and failed.
Marshal Cohen
Last year consumers on average spent 500 more for the year on gas. This year it could go up to 1,000. This is what Lee Scott is worried about. The average American has 2,400 in discretionary spending. A Wal-Mart shopper probably has 1,500. Now take out the 1,000 extra and what does that leave them.
Marshal Cohen
Are the midnight openings much earlier than usual for Black Friday Yes, they are. Does this show that retailers are more nervous this year Absolutely.
Marshal Cohen
There are all kinds of products out there that many people just don't know exist.
Marshal Cohen
I've seen denim that doesn't get wet, clothes that change color based on exposure to sunlight, even clothes with sun protection built into it. These new-age type products are generally more expensive. The challenge for retailers also will be to get consumers to believe that they work.
Marshal Cohen
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I can whistle with my fingers, especially if I have a whistle.
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