Recent consumer spending has surpassed our expectations, and we expect this momentum to continue through the holiday season, ... Though our forecast remains cautious, we are confident that the holiday sales increase will be better than we originally anticipated.
More Quotes from Tracy Mullin:
There's been kind of a general malaise in apparel over the last couple of years. We are still suffering the effects of the change from traditional business apparel to casual apparel. Those (casual wear) carry much lower price points and people still haven't figured out what casual is. People are waiting to see how it's going to shake out. Where a woman may have bought a 100 skirt in the past, she's now buying a 20 skirt.Tracy Mullin
Tax time provides a monetary and psychological boost to consumers, as there is something exceptional about getting money back from the government.
Tracy Mullin
As a whole, consumers have completed less of their shopping than they had last year at this time,
Tracy Mullin
The second-half of 2003 is clearly poised for steady sales growth,
Tracy Mullin
February was a successful month for clearance merchandise and many retailers are relieved to have winter gear out of their stores, ... Retailers appear pleased with their pricing strategies for spring and are encouraged that consumers are heading to the stores in larger numbers.
Tracy Mullin
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