23 Quotes by Scott Krugman

We might skirt near a recession, and this could change tomorrow ... but layoffs aside for a second, there are some positives. The government is being very active by putting liquidity back into the economy, and recent tax rebates and cuts in the tax rate have helped consumer confidence.

Earlier, we were considered optimistic, but it's difficult to compare all the numbers.

Saddam's capture could provide a psychological boost to consumers who have been distracted by geopolitical uncertainly. However, in the short term it will have a negligible impact on spending trends,

This is the most promotional Black Friday we have seen.

It's enough to turn a good holiday season into a great one.

It's tracking very strong. We feel very optimistic about this season.

It's not a niche holiday by any stretch. It's the first big event after the (winter) holiday season. January is a bit of a lull month for the industry. Not counting back-to-school, Valentine's Day is the second biggest season for spending.

It's way too early to actually tell its impact. Such a small fraction of consumers have gotten them. People will use them to supplement back-to-school shopping budgets and home improvement projects people have been putting off.

The retailers want to make a big push for fall apparel this year. That's definitely a fact. There's a very strategic message here. This is well planned out in advance. The question isn't so much the timing of the markdowns as it is the amount of inventory.