For now it seems as though the industry will have time to recoup the loss in demand due to Mother Nature,
More Quotes from Michael Niemira:
We have gone through a slowdown from the more robust pace of sales in the first-half of the year, but I think the slowdown was cause for some worry, not a real concern, ... Higher gasoline prices have taken the oomph out of the economy and spending. But without more conclusive evidence of a drop in discretionary spending, I would say the slowdown is more temporary than real.Michael Niemira
It was a moderate sales performance good but not great. It really showed the resilience of consumers to spend on the holiday despite some strong head winds.
Michael Niemira
I suspect that a little bit of the gain is attributed to stronger pricing power, but overall the trends are very positive for retailers. The message from these numbers is that momentum is on the retailers' side as we move into the holiday season.
Michael Niemira
Momentum toward the end of the month is a good sign heading into the holiday season.
Michael Niemira
It seems clear that the mild pullback in consumer spending over the last week was due in part to the war beginning in the middle of a week, as well as the fact that the effects of the war have been built into the retail trend for the past month or so.
Michael Niemira
If we use 2 percentage points for the overall expected effect from the calendar shift, that's still a pretty weak reading, a 1.9 percent trend. That's not strong at all. I guess what you can say is it's certainly consistent with the sluggish pace we've seen.
Michael Niemira
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Based on Topics: Business & Commerce Quotes, Nature QuotesPart of the early Who career was all about knocking people's confidences out.
Roger Daltrey
Treat those who are good with goodness, and also treat those who are not good with goodness. Thus goodness is attained. Be honest to those who are honest, and be also honest to those who are not honest. Thus honesty is attained.
Lao Tzu