Expert Analyses of the following article:
EXPERT: WORRIED RETAILERS WILL CUT PRICES EARLY IN SEASON
Source: www.retail-merchandiser.com
November 7, 2007The perfect storm for an imperfect holiday season!
Author: Mark Sussman, President and Chief Executive Officer, Pyramid Solutions, Inc.
With oil prices inching towards north of $100/barrel, housing starts and home resale’s yet to reach their nadir, the spiraling down of the US dollar, the sub prime mortgage debacle hitting blue chips like Citigroup and other industry stalwarts the American consumer will catch cold in their consumer confidence in the next few weeks.
November 6, 2007This Season, Price Cuts May Not Save Retailers
Author: Nicholas White, President, White & Co
Things are different this year and so is the consumer. That means discounting alone may not be enough to save retailers. Here's why.
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