Michael Niemira
Michael Niemira
black built deep leading momentum offering reason retailers sales
Part of the reason was that retailers built sales momentum by offering deep discounts leading up to Black Friday,
although categories consumers december furniture held home last looking month november power purchasing retail sales seems shifted
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.
good inventory november pressure sales takes
If November sales are good and inventory is under control, that takes some of the sales pressure off in December.
act anytime gap signs together
I don't see any signs that Gap is going to get its act together anytime soon.
consumer holiday increases softness underlying worry
The consumer is still very cautious. There was underlying softness in November. It increases the worry about the holiday as a whole.
although completed decline dip holiday households latest nine percent shopping week
Increasingly, the post-Thanksgiving week dip has become a 'standard' part of the holiday shopping season. Although the latest week's decline was not encouraging, it was not necessarily worrisome as only nine percent of households have completed their holiday shopping.