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Marshal Cohen Quotes
«What happened was the retailers got so infatuated with the young consumer, they ignored their core customer, who is the 35-plus customer.»
Author: Marshal Cohen
«Can it be done? Yes. Has it been done? No.»
Author: Marshal Cohen
«When gas prices go up 5 cents a gallon, that's maybe an extra $10 a week out of consumers' pockets. But when they're going up 15 cents and more, it means $20 extra a week.»
Author: 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?»
Author: Marshal Cohen
«We're not there yet but it's not too soon to assume this scenario.»
Author: Marshal Cohen
«The less money they have, the less they'll spend in malls and teen stores like Hot Topic and Abercrombie & Fitch.»
Author: Marshal Cohen
«It has lost some of its share power.»
Author: Marshal Cohen
«The challenge this year has been to promote or not to promote.»
Author: Marshal Cohen
«The biggest surprise to me has been this absence of urgency on the part of consumers. I've been doing this for a long time. Other than in 2001, I haven't seen such a lackluster tone during the holidays.»
Author: Marshal Cohen
«Retailers aren't very nervous just yet. Obviously companies want to protect their profit margins and won't discount heavily if they don't absolutely have to.»
Author: Marshal Cohen