“…if you look at eating out, dining, department stores, the consumer is pulling back – the evidence is there. It’s nice to see a positive number, we just need to sustain that.”
Kristin Bentz, executive director of the private equity firm PMG Venture Group, admits she did expect the February results to be a little worse given the consumer headwinds. However, she says she thinks we will see that pullback with the effects of the sequestration start to trickle in.”
Here is a direct link to the video interview.