This is the most promotional Black Friday we have seen.
More Quotes from Scott Krugman:
It's not a niche holiday by any stretch. It's the first big event after the (winter) holiday season. January is a bit of a lull month for the industry. Not counting back-to-school, Valentine's Day is the second biggest season for spending.Scott Krugman
However, experts say drops in consumer confidence don't always portend a fall in consumer spending. There is a danger in looking at one indicator and trying to predict consumer behavior, ... You can't ignore that kind of drop.
Scott Krugman
A lot of inventories had been committed to six months out. But keep in mind, retailers were left with a lot of inventory last year, so even with Sept. 11, chances are retailers were in a pretty good spot. Inventories are still lean going into the holiday season.
Scott Krugman
By the time it comes back to them, it's on markdown.
Scott Krugman
It is an easier last-minute gift. For people that are trying to avoid the long lines or as the apparel selection starts to thin out, I think you will see more people turning to gift cards today.
Scott Krugman
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Observe decorum, and it will open a path to morality.
Mason Cooley
We must pronounce him fortunate who has ended his life in fair prosperity.
Aeschylus