34 Quotes by Michael Niemira

Retailers have been planning for that lower traffic. The question now is, will the consumer in the last weekend of the season spend a little bit more or not?

Redemption days are going to be very important this year.

Part of the reason was that retailers built sales momentum by offering deep discounts leading up to Black Friday,

Looking at November and December together, it seems that retail sales held up pretty well during the holidays, although last month consumers shifted their purchasing power to other categories such as furniture and home goods.

We thought the shift in the Memorial Day weekend this year to about a week later than last year could hurt holiday sales. That was only an isolated case. I think favorable weather probably had more of an impact that brought people out to stores to shop.

With only 26 percent of households having completed their holiday shopping . . . this holiday season will certainly come down to the wire.

What this report said is exactly what I've been talking about since December.

This number together with the strong April employment performance assuages the fear that the economy was starting to decline.

As the 'traditional' holiday selling season got underway on Friday, consumers headed to those retailers who provided promotions and discounts.