Yes there will be sales, but these will be planned sales and not one where everybody blinks at once. Scott Krugman More Scott Krugman Quotes 0
Inventories are still lean and we'll see item-specific sales similar to last year's level. Also, there are two extra sales days during the holidays. That should help retailers. Scott Krugman More Scott Krugman Quotes 0
It's not surprising at all. When the economy is down, nobody is completely immune to poor sales. Scott Krugman More Scott Krugman Quotes 0
This is going to be a very heavily promotional holiday season. Retailers are pulling out all the stops and using every weapon in their arsenal. Scott Krugman More Scott Krugman Quotes 0
I think we need to take a step back from the immediate and take a look at the long term. The fact remains that It's uncertain what the impact is going to be in the long term. We shouldn't underestimate the perseverance of the U.S. economy. I think by saying people are going to be too depressed to buy isn't telling the whole story. I think people understand what's happening in the economy and they know that they need to do their part. Scott Krugman More Scott Krugman Quotes 0
My standard feel is it's too early to tell. It looks like things are starting to stabilize a little bit. They're not getting worse. Scott Krugman More Scott Krugman Quotes 0
It is an easier last-minute gift. For people that are trying to avoid the long lines or as the apparel selection starts to thin out, I think you will see more people turning to gift cards today. Scott Krugman More Scott Krugman Quotes 0
A good holiday season means great things for the economy since consumer spending makes up two-thirds of the gross domestic product. Scott Krugman More Scott Krugman Quotes 0
The holiday sales are still going strong despite the end of Christmas. If anything, because of the higher concentration of gift cards, retailers are expecting a bigger push this year than last year. Scott Krugman More Scott Krugman Quotes 0
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. Scott Krugman More Scott Krugman Quotes 0
We might skirt near a recession, and this could change tomorrow ... but layoffs aside for a second, there are some positives, ... The government is being very active by putting liquidity back into the economy, and recent tax rebates and cuts in the tax rate have helped consumer confidence. Scott Krugman More Scott Krugman Quotes 0
[However, experts say drops in consumer confidence don't always portend a fall in consumer spending.] There is a danger in looking at one indicator and trying to predict consumer behavior, ... You can't ignore that kind of drop. Scott Krugman More Scott Krugman Quotes 0