The arithmetic works in their favor. Looking at year-over-year comparisons, March last year was among the weakest months where retail sales also suffered because of a late Easter.
More Quotes from Michael Niemira:
Mix 'n match season for apparel Apparel is clearly a mixed bag, ... We have some very good and very weak performers.Michael Niemira
You can't sustain an economy driven only by motor vehicle purchases. We're looking for business spending to rise in order to be confident about the second leg of the expansion going forth and, with it, the duration of expansion.
Michael Niemira
My concern is that the luxury market has topped in terms of spending growth after a two-year upturn.
Michael Niemira
I think initially the industry will try to keep the discounts more narrowly focused. The problem is, if sales don't pick up, retailers will start to spread out discounts to those goods not selling as well.
Michael Niemira
Weather was a big catalyst.
Michael Niemira
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