Shopping is a sensory experience. People are subconsciously recording things like the layout of the store, the lighting, whether the aisles are overflowing, whether the prices are clearly indicated and how easy or difficult it is to find a product every time you visit a store.
More Quotes from Phil Rist:
Though a large percentage of shopping has been completed, many sales have not been recorded due to heavy purchasing of gift cards, which are not recorded until merchandise is redeemed. Most consumers will have their shopping completed by Christmas Day, but will head out after Christmas to take advantage of discounted merchandise and spend gift cards.Phil Rist
The Super Bowl is becoming big business for retailers. In addition to purchasing hats and snacks, consumers will be purchasing high-end merchandise, like TVs and entertainment centers, which quickly raises total spending figures.
Phil Rist
Nobody wants to pay for an over-priced item. Donald Trump doesn't want to pay more than he has to for something. For groceries, price is the No.1 issue, whether people admit it or not.
Phil Rist
Though many consumers are more financially comfortable now than they were a year ago, they are still looking for great prices and savings on gifts and everyday merchandise. The retailers that succeed this holiday season will be those that continue to focus on sales and promotions to drive traffic.
Phil Rist
Restaurants and bars will benefit greatly from this group's increased spending power.
Phil Rist
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The first lesson a revolutionary must learn is that he is a doomed man.
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This hiatus coming up I'm looking at a comedy because I need the balance.
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