Stephen Gallagher Quotes

Retailers have no pricing power themselves, as evidenced by all the discounts they had to offer to generate holiday sales. In terms of volume, they succeeded, but not at the level of profitability they would have liked.

- Stephen Gallagher

Tags

Retailers | Pricing | Power | Evidenced | Discounts |

comments powered by Disqus

Random

Reduced liquidity in the markets is likely to result in a wider swap spread. - Stephen Gallagher

Once the auto surge plays out, we should see a pickup in spending on other items. - Stephen Gallagher

On the headline, it's a great report, up 5.8 percent. The recovery is under way. But we're also beginning to see a bottom in durable equipment declines, which is important because it's about corporate profits. But we still need that to be stronger to make sure that this recovery is here to stay. - Stephen Gallagher