Michael Niemira Quotes

While retailers are pleased with last week's performance, the holiday shopping season is far from over, since about 60 percent of gift-card redemptions occur between December 26 and the end of January.

- Michael Niemira

Tags

Retailers | Pleased | Performance | Holiday | Shopping |

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The overall story is one of continued strength of the consumer but there are a couple of underlying stories here too. - Michael Niemira

Is it enough to say this season could be more than OK? That's still an open question. - Michael Niemira

We saw softness in apparel and other seasonal merchandise in the latter part of March, ... While higher gas prices pinched tax refund money, consumers have also indicated that they traveled less to shopping centers. The impact from that aspect may not be huge but it was a factor. - Michael Niemira