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Letter "R" » Richard Hastings Quotes
«It's just a number. Vendors are worried about getting purchase orders, and getting paid. That's a real concern. But investors are worried about getting on the momentum express before it leaves the station.»
«The holiday is clearly growing in importance for the industry. Halloween is fun, enjoyable and doesn't require a big investment to celebrate. The primary focus is the child and families typically do all they can to make sure the children have fun.»
«Weaker spending on seasonal goods has been building up for four months now. The two factors hurting consumers particularly at the low- and middle-income levels are that wages have not grown and gasoline prices could go even higher.»
«Halloween will be a slam-dunk for merchants despite the weakening consumer spending trends.»
«July sales were weaker than expected. Summer can be a volatile season for retailers but I am a little surprised by the weakness in apparel. I'll be keeping an eye on discretionary spending going forward.»
«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.»
«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,»
«Consumers are benefiting from a combination of tax stimulus, new products, good apparel fashions and compelling prices.»
«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.»
«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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