[Mix 'n match season for apparel :] Apparel is clearly a mixed bag, ... We have some very good and very weak performers. |
a pause in rate hikes is a more likely scenario rather than a rate cut. |
A tax-free week is more of a social statement on the part of states. It's great for publicity and the advertising. Retailers are not dumb. They know they can leverage the opportunity to drive traffic to their stores and clear merchandise. |
Additionally, there are two more shopping days this year than last, which may have caused soft Black Friday weekend sales as people wait longer to shop. Nevertheless, after Friday's robust performance, these numbers are slightly weaker than industry analysts would have expected. |
All the worries - in terms of housing, interest rates, inflation, energy prices - are clearly at hand. But we haven't seen that worry turn into a dramatic pullback on the part of the consumer. We're seeing a moderately strong pace of sales for now, and that's the good news. |
Although some discounting may have slowed the early pace of sales, the industry can expect to see much healthier sales patterns as we move into December and closer to both Christmas and the annually strong Saturday before Christmas retail boom. |
Although Sunday was the weakest day of the Thanksgiving weekend, retailers shouldn't be too alarmed as this is a typical and traditional pattern from previous years. |
And we're not done with the season. |
Apparel certainly can be weather-dependent and certainly that was the case. |
As a result of the recent weakness in sales, ICSC has lowered its monthly sales expectations to 2.5 percent to 3.0 percent from 3.0 percent to 4.0 percent for November, on a year-over-year basis, |
As a result of the recent weakness in sales, ICSC has lowered its monthly sales expectations to 2.5 percent to 3.0 percent from 3.0 percent to 4.0 percent for November, on a year-over-year basis. |
As consumer confidence weakens, we have scaled back our monthly estimate for September's retail chain store sales to 3.0 percent on a year-over-year basis, |
As consumer confidence weakens, we have scaled back our monthly estimate for September's retail chain store sales to 3.0 percent on a year-over-year basis. |
As Mother Nature turned kinder this past week, demand for Easter merchandise and Spring-related items finally drove sales. |
As potential shoppers flocked to the theaters, chain-store sales were a little less robust, |