Marshal Cohen Quotes
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Discovered | Suit | Wore | Owned | Father |
What happened was the retailers got so infatuated with the young consumer, they ignored their core customer, who is the 35-plus customer.
- Marshal Cohen
The typical 5 a.m. openings aren't good enough because every retailer does that on Black Friday. This has become a game of who can top this. Everyone wants to start first. It's very clear that the early bird catches the worm for consumers. So retailers are trying to catch the early consumer.
- Marshal Cohen
Last year consumers on average spent $500 more for the year on gas. This year it could go up to $1,000. This is what Lee Scott is worried about. The average American has $2,400 in discretionary spending. A Wal-Mart shopper probably has $1,500. Now take out the $1,000 extra and what does that leave them?
- Marshal Cohen