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,
More Quotes from Michael Niemira:
I think initially the industry will try to keep the discounts more narrowly focused. The problem is, if sales don't pick up, retailers will start to spread out discounts to those goods not selling as well.Michael Niemira
Luxury has a strong run and it will slow down in 2005. This is more a function of the natural rhythm of retail spending.
Michael Niemira
No doubt the financial markets are anticipating that something could change. Whether that happens this summer or later remains to be seen, ... There are some broader negatives in the economy right now but the they will take a long time to work through. Fo
Michael Niemira
Last week's sharp decline in consumer confidence, as measured by the ABC NewsWashington Post Consumer Comfort Index, may have been a precursor of this week's spending drop.
Michael Niemira
Despite the fact that back-to-school shopping is in full swing, warm weather continues to hold back consumers' interest in fall apparel items.
Michael Niemira
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.
Michael Niemira
Readers Who Like This Quotation Also Like:
Based on Keywords: sales-taxArt is more godlike than science. Science discovers; art creates.
John Opie
Sometimes I don't even pull my shoes off for six weeks at a time, except, you know, just to take a shower. I just take breaks between 24 hours a day, just a break now and then, it don't take me long to rest; maybe 20 to30 minutes sometime, or maybe an hour.
Howard Finster
The hierarchy shouldn't fear what we're doing.
William P. Leahy