Britt Beemer
Britt Beemer
average buy clearly consumers escape facts hard interested meets negative number origin products purchased sells week
It's hard to escape a week without some negative story about Wal-Mart. Let's look at the facts. Wal-Mart is clearly the number one retailer in America. Average consumers have to buy the products that Wal-Mart sells and they do this each and every week. The consumer isn't interested in the origin of the products purchased as long as merchandise meets their expectations.
america certainly changed mentality money reflection since spend
It's a reflection of the bargain-hunter mentality of America since Sept. 11. Americans certainly changed the way they look at what they spend their money on.
apparel christmas gone hot last mediocre reason shop toy
It's a typical, mediocre Christmas season. But we've gone through the last years with no hot new toy and no hot apparel look. There's no reason to shop early.
afford destroy low
With their low margins, they can't afford to have unprofitable stores. It could destroy the profitability of the chain.
altogether beginning buy earlier halloween hot selling stores thanksgiving weeks
With nothing hot to buy in decorations this Christmas, many stores started selling two weeks earlier than ever before, beginning in mid-September. Many stores skipped Thanksgiving altogether and went from Halloween to Christmas.
explain figure last might sales season stronger
Wal-Mart has had a much stronger gift-card season than last year, so that might explain why their (December) sales figure is not as good.
admiration america assist buy customers deserves employees happy high level low prices questions seem stores willing
Wal-Mart deserves their high admiration level because they do what they say. They give America a place to buy at low prices in stores where employees seem happy to be there and willing to assist customers when questions are asked.
certainly guarantee people talking
It certainly is a niche. But there's no guarantee of success. You just have to have people talking about it from the day you open.
bought compared cut expensive four holiday item low mark price purchases retailers returned returns store
Today, only about one-third of holiday purchases are returned as compared to just four years ago, ... Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it.
average compared lower parents plans spending year
Parents have much lower spending plans this year, with the average at $296.20 compared with $411.24 a year ago.
chains consumers couple last tried trying
Over the last couple years, chains have tried to do something different -- they're trying to give consumers a different look, a different style.
bit coming prices saw target
They saw Wal-Mart coming at them. I think Target may have to sharpen some of their prices a little bit more.
cards excited gift people plan putting retailers spring
About 30% of people who got gift cards plan to use them this week. Many retailers are going to be putting out spring merchandise to get people excited about it.
breed chance figures kids parents retailers school season shot sports taking year
Back to school is a very important season for retailers because it's one chance in the year when retailers get a shot at parents and kids at the same time. Historically, sports figures have been the big players; now it's a different breed of endorsers taking over.