What you're seeing is that some retailers are getting back to normal, but the weakness seems pretty widespread among department stores. So it's still an extremely fragile environment.
More Quotes from Michael Niemira:
While retailers are pleased with last week's performance, the holiday shopping season is far from over, since about 60 percent of gift-card redemptions occur between December 26 and the end of January.Michael Niemira
During the past week seasonally hot weather pared demand for fall apparel.
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
It shows a relatively healthy sales picture. The question is how will the consumer react when oil prices filter through the rest of the economy.
Michael Niemira
February was a volatile month for sales, swaying between blasts of winter weather and short tastes of spring.
Michael Niemira
This past week retail chain store sales were affected by two key factors -- weather and the opening of the Olympics -- as consumers directed their attention to things other than shopping.
Michael Niemira
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Polly Toynbee
The first condition of success for the League of Nations is, therefore, a firm understanding between the British Empire and the United States of America and France and Italy that there will be no competitive building up of fleets or armies between them.
Arthur Henderson
I think it's realistic to have hope. One can be a perverse idealist and say the easiest thing: 'I despair. The world's no good.' That's a perverse idealist. It's practical to hope, because the hope is for us to survive as a human species. That's very realistic.
Studs Terkel