Richard Hastings
Richard Hastings
Richard Cory Hastingsis a Canadian association football player, who has played for Inverness Caledonian Thistle, Ross County, Grazer AK, MVV Maastricht, Hamilton Academical and Brora Rangers...
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The economy still has to prove itself and create millions of new jobs.
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The capital markets are so liquid, despite some of the increase in borrowing costs, that they create wonderful choices for consumer companies like Tommy Hilfiger and J. Crew to go private, ... break themselves into pieces, gobble someone else's pieces or just try to raise money to get bigger.
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What's holding up the consumer is habit. Until things change in a very material manner, American consumers won't alter their shopping habits significantly. The jobs market is strong and there's been a little bit of improvement in wage growth. I still don't believe that gas prices are high enough to derail consumers. If there is one thing that could shake consumers it's the housing market and not gas inflation.
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With Christmas Eve falling on a Friday, sales have the potential of being very intense.
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This remains one of the most interesting major retailing case studies in the past 20 years.
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We believe Lewis is the better person to lead a customer-centric business,
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The pundits that said department stores are dying are wrong. This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.
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The pundits that said department stores are dying are wrong, ... This is a different channel. What you get there, in terms of brands and variety, you can't get elsewhere. There's no substitutability.
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Wet Seal is a turnaround situation that has been helped by strong industry vendor credit support and solid communications with their vendors.
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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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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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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.