Last year the summer season started in late May when temperatures hit the mid-90s. So we've really got a late start to summer. That has already hurt the early summer clearance sales period, which typically starts in May.
From a retail perspective, the hot weather should help spur sales of summer merchandise.
Better pricing and a stabilising ready-to-drink trend may give us the opportunity to improve on the net sales growth we achieved this year.
Apparel is a category that hadn't yet seen a trigger to boost sales. Rule of thumb is if you see consumers wearing coats, hats and gloves when they're in a department store like Macy's, that's probably what they'll also be looking to buy. And we're seeing that.
Apparel is a category that hadn't yet seen a trigger to boost sales, ... Rule of thumb is if you see consumers wearing coats, hats and gloves when they're in a department store like Macy's, that's probably what they'll also be looking to buy. And we're seeing that.
In September, weather really influences sales, especially early-morning temperatures, ... When Mom steps out in the morning and feels that chill, it really makes a difference.