Basically, the consumer will hang in there. Unless there's some kind of a major problem, the consumer tends to be more passive and will continue to spend if credit is available.
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
This past week retail chain store sales were affected by two key factors -- weather and the opening of the Olympics -- as consumers directed their attention to things other than shopping.
Michael Niemira
January is a key month to watch.
Michael Niemira
Clearly everyone was hurt by the weather and store traffic declined sharply. But retailers can hope to recover this weekend, and from the one extra shopping day this year.
Michael Niemira
This is the pause that refreshes. This is not a doomsday scenario.
Michael Niemira
February was a volatile month for sales, swaying between blasts of winter weather and short tastes of spring.
Michael Niemira
Readers Who Like This Quotation Also Like:
The most beautiful thing in the world is a ballpark filled with people.Bill Veeck
Until the rise of American advertising, it never occurred to anyone anywhere in the world that the teenager was a captive in a hostile world of adults.
Gore Vidal
And so to those who suggest that we are somehow 'harming' young women by encouraging them to take charge of their health we say this: We are not harming young women by educating them. We are arming them with information that they will carry with them throughout their lives.
Debbie Wasserman Schultz