23 Quotes by Scott Krugman

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.

The consumer has proved more resilient than many thought. We're still in the middle of a very busy week that can account for 10 to 15 percent of holiday sales, especially with all the unredeemed gift cards. It's not over yet.

I know from experience. It all kind of creates the retail perfect storm.

By the time it comes back to them, it's on markdown.

A good holiday season means great things for the economy since consumer spending makes up two-thirds of the gross domestic product, It could create something of a slowdown in the beginning of next year if consumers are really splurging right now.