There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well.
More Quotes from Richard Hastings:
Wet Seal is a turnaround situation that has been helped by strong industry vendor credit support and solid communications with their vendors.Richard Hastings
The holiday is clearly growing in importance for the industry. Halloween is fun, enjoyable and doesn't require a big investment to celebrate. The primary focus is the child and families typically do all they can to make sure the children have fun.
Richard Hastings
January is not just clearance month anymore. It's winter-season full-price selling, because Christmas and holiday merchandising is really promotional. These days, that's when you see the really deep discounts.
Richard Hastings
To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.
Richard Hastings
This is about putting your career on the line. They need to go in there and do something really dramatic to retool the business.
Richard Hastings
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