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Britt Beemer Quotes

This summer, the consumer was cautious, with all the uncertainty going on in the country. But almost all of those worries are gone, and that is good news at the start of the holiday season. - Britt Beemer

Tags

Summer | Consumer | Cautious | Uncertainty | Country |

Random

Today, only about one-third of holiday purchases are returned as compared to just four years ago... Returns are very expensive for retailers because they have to retag the item and mark down the price. If I bought something for $29 and return it, store may have to cut the price to as low as $14 before restocking it. - Britt Beemer

Electronics continue to lead all categories in year-over-year sales growth for the holidays. - Britt Beemer

The success of GM's employee discount sale is a great example that consumers still are in a mood to buy. However, I think Christmas spending could be a little narrower than last year. - Britt Beemer

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