This past week, sales once again reflected the Easter shift and the shifting weather patterns across the country.
More Quotes from Michael Niemira:
If November sales are good and inventory is under control, that takes some of the sales pressure off in December.Michael Niemira
The strength was largely driven by promotions and did not provide as strong of a start to the holiday season as some retailers would have liked.
Michael Niemira
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.
Michael Niemira
Increasingly, the post-Thanksgiving week dip has become a 'standard' part of the holiday shopping season. Although the latest week's decline was not encouraging, it was not necessarily worrisome as only nine percent of households have completed their holiday shopping.
Michael Niemira
Our analysis of the leading sales indicator, ex-auto, suggests some slowdown now through the fall. So we could see some up and down results for the next few months.
Michael Niemira
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