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...
attract great income looking lower might spending struggling
It's great if you attract lower income shoppers looking for low prices, but what if those shoppers who were really struggling between 2000 and 2003 now have jobs? They might be spending more and looking for different merchandise...maybe something Wal-Mart doesn't have,
designer discount exclusive given labels mass moving private retailing toward trend
Mass merchandising and discount retailing is moving in a big way toward private labels and exclusive designer brands, ... That Wal-Mart is rumored to be contemplating something like this is logical, given the trend in the industry.
business company higher improvement shoot showing stable stock
The company is showing stable business improvement and there's a higher probability the stock will shoot higher in the near-term.
expect fast hurt jobs number offer relief retail rise spending time toward wages
I expect this number to rise toward the end of the year. At the same time jobs and wages won't rise fast enough to offer relief to already overstretched consumers. This could hurt retail spending in the second-half.
christmas eve falling potential sales
With Christmas Eve falling on a Friday, sales have the potential of being very intense.
case major past remains retailing studies
This remains one of the most interesting major retailing case studies in the past 20 years.
bills change consumer expensive holiday hurt marginal primarily rather spending
Will the anticipation of more expensive bills hurt holiday sales? I don't think so. I think consumer spending will see more of a marginal change rather than a substantial change, primarily at the lower-income level.
alter believe change consumer consumers gas habits high holding housing improvement jobs market material prices shake shopping strong until wage
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.
halloween trends spending
Halloween will be a slam-dunk for merchants despite the weakening consumer spending trends.
friday halloween fall
Halloween this year falls on a Friday. That should be helpful for retailers because the party carries into the weekend.
barometer concerned consumer hot moderate pace spending start strength
To be concerned about the strength of consumer spending is wise. Wal-Mart as a barometer of consumer spending is significant. Consumer spending will start to moderate off of its hot pace in the second-half of the year.
hear home sale surprised
We are not surprised to hear of the sale of 24 Kmart units to Home Depot,
pressure
Where there is pressure there is change, universally.
business days figures five sales stores until
There are five business days until the comparable-store sales figures come out. Stores will be assessing things, and we could see some warnings, if they haven't done well.