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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If spending on durable goods slows down, it could also weaken sales of consumer electronics, especially on big ticket items that have a higher profit margin but are interest rate sensitive.
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But higher costs were enough to hit operating income in the quarter, which grew only 7 percent, compared to a 7.4 growth rate for the comparable nine months. Despite these issues, the quarter held up very well and the holiday quarter should hold up nicely,
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I continue to believe that the effects of higher gas prices on the consumer are overestimated. Most of the important measures of discretionary spending such as furniture, lawn and garden and food sales held up nicely.
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The consumer is jittery. Rising debt levels, inflation and higher gasoline prices are all real threats and a drag on spending.
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The company is showing stable business improvement and there's a higher probability the stock will shoot higher in the near-term.
brands department dying pundits stores terms
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.
brands department dying pundits stores terms
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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The store of the future will be more of a 'do-it-itself' event with not much human interaction. These new systems will eventually be able to recognize your tastes and preferences and what you like to buy better than you yourself know.
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The risk for Wal-Mart is that as wages improve, consumers will go to alternative retailers such as Home Depot, Gap, Bed, Bath & Beyond or a Best Buy for better quality and more variety of products,
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Electronics is certainly carving a big chunk of money out of the pockets of shoppers. Back-to-school is increasingly about how cool is your phone, or how new and cool is your notebook -- that $1,350 notebook -- and students are judging each other by their gizmos at least as much as by their clothing.
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Prices are much firmer in the high-end product arena than in the moderate price discount arena.
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People are still crazy. Sure, gas is expensive, but look on the bright side. People are still crazy and they're going shopping.
heavy seeing
We're already seeing heavy markdowns particularly in apparel,