We're in uncharted waters. This deflation is not cyclical. Our forecasts do not anticipate any major increase in retail price inflation ever again.
More Quotes from Richard Hyman:
There's quite a lot of promotional activity out there, more than last year. Retailers are desperate to maximize their footfall and recognize that in order to do that they need to give people a significant incentive to come into their stores.Richard Hyman
Any idiot can amass intelligence. It is being able to leverage that knowledge. They are good at that.
Richard Hyman
Our forecasts do not anticipate any major increase in retail price inflation ever again. Over the last 10 years, we calculate that women have doubled the average number of items they buy themselves in a year.
Richard Hyman
We have been living in a disposable culture for a long time now, almost by default rather than by design, because it was too difficult to go to things like car boot sales or we weren't in the vicinity of them. Ebay makes all of that easy.
Richard Hyman
If you have the right offer at the right price, you can enjoy the luxury of pricing integrity. If you are a bit weaker but ahead of the game, you can use some good promotions. But if you're really struggling, you are probably going to have to go on sale, and that's really going to affect your margins.
Richard Hyman
Readers Who Like This Quotation Also Like:
But baseball bounced back in the next decade to reclaim its place as the national pastime: new heroes, spirited competition, and booming prosperity gave birth to dreams of expansion, both within the major leagues and around the world.John Thorn
My atheism, like that of Spinoza, is true piety towards the universe and denies only gods fashioned by men in their own image, to be servants of their human interests.
George Santayana
Scratch the Christian and you find the pagan - spoiled.
Israel Zangwill