Michael Niemira Quotes

While there is some concern regarding the continued retail sluggishness this season, consumers have an additional two days this year to finish their holiday shopping, which may boost this season's final retail performance.

- Michael Niemira

Tags

Concern | Continued | Retail | Sluggishness | Season |

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I think we were already prepared for some of these misses. The key question now is whether this weakness is temporary or does it signal a permanent downdraft in the pace of consumer spending. - Michael Niemira

The results for this past week reflect the fallout of Hurricane Katrina as national sales were held back by about one percentage point as stores were closed in the path of the hurricane. - Michael Niemira

Sales were very stagnant during the month of May due to various factors, ranging from record-high gasoline prices to the Memorial Day weekend shift. - Michael Niemira