Consumers are going to be more mindful of spending. |
In January, there was a collision of one-time factors working for retailers. |
It's challenging for everyone. Whenever Wal-Mart scales back, it is hard for suppliers to be flexible enough to respond quickly. The volumes are big. |
There's definitely uncertainty and unease among consumers. |
There's definitely uncertainty and unease among consumers. And whenever that happens, the reaction is to be more conservative. |