Scott Krugman
Scott Krugman
time
By the time it comes back to them, it's on markdown.
compare considered difficult
Earlier, we were considered optimistic, but it's difficult to compare all the numbers.
budgets consumers early fraction gotten home improvement people projects putting shopping small supplement
It's way too early to actually tell its impact. Such a small fraction of consumers have gotten them. People will use them to supplement back-to-school shopping budgets and home improvement projects people have been putting off.
black friday
This is the most promotional Black Friday we have seen.
biggest bit counting event holiday january lull month niche season second
It's not a niche holiday by any stretch. It's the first big event after the (winter) holiday season. January is a bit of a lull month for the industry. Not counting back-to-school, Valentine's Day is the second biggest season for spending.
good great holiday season turn
It's enough to turn a good holiday season into a great one.
optimistic tracking
It's tracking very strong. We feel very optimistic about this season.
boost capture consumers distracted impact provide short spending term
Saddam's capture could provide a psychological boost to consumers who have been distracted by geopolitical uncertainly. However, in the short term it will have a negligible impact on spending trends,
beginning consumer consumers create domestic economy good great gross holiday means next season since spending year
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.