75 Quotes by Richard Hastings

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  • Author Richard Hastings
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    There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well.

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  • Author Richard Hastings
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    We're at an extremely dangerous situation where home heating bills could be shockingly high this winter, ... This is very bad news especially in the northeast part of the country, where the population represents a pretty big chunk of national retail sales.

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  • Author Richard Hastings
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    Sears did a superb job on seasonal holiday promotions in circulars and TV ads and enjoyed a strong November. Sears comparable sales gains compares favorably to last year when November 2003 same-store sales were down 3.6 percent,

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    One area of trouble in consumer spending is households and individuals with weakening credit profiles. So far it's not yet a majority of households but the number of consumers in credit distress is on the increase. That's something to keep an eye on,

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    New seasonal fashions brought out many apparel shoppers beating our sales expectations for some specialty apparel retailers. Overall, the industry is getting better at fixing short-term merchandising missteps, and October's cooler weather certainly brought out favorable reaction from many shoppers.

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    On shopping networks, people model the products, demonstrate how it works and actually make it fun for viewers to associate with what's being shown.

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    But, what's Wal-Mart's assortment and customer experience compared to Best Buy? That's an important deciding factor for consumers.

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    China could choose to retaliate against yesterday's announcement by hiking up prices on a key export to the U.S. or suspending purchase of certain commodities from the U.S,

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