While retailers are pleased with (Christmas) performance, the holiday shopping season is far from over, since about 60 percent of gift-card redemptions occur between Dec. 26 and the end of January.
More Quotes from Michael Niemira:
The average temperature in January was about 8 degrees colder compared to last year. Cold weather doesn't interfere with shopping. It's the bad weather, with the snow and ice that cuts traffic.Michael Niemira
The message may be that the finish to the holiday season was very good. However, Wal-Mart's monthly sales growth seen together is still on the weak side,
Michael Niemira
As Mother Nature turned kinder this past week, demand for Easter merchandise and Spring-related items finally drove sales.
Michael Niemira
As we look toward August, ICSC continues to expect the overall outlook to remain positive as additional states begin to offer their sales-tax holidays, which will continue to help spur customer traffic over the coming weeks,
Michael Niemira
February was a volatile month for sales, swaying between blasts of winter weather and short tastes of spring.
Michael Niemira
It seems clear that the mild pullback in consumer spending over the last week was due in part to the war beginning in the middle of a week, as well as the fact that the effects of the war have been built into the retail trend for the past month or so.
Michael Niemira
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Based on Topics: Performance QuotesBased on Keywords: gift-card, redemptions
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