The blizzard was a ordsprog
Pex Tufvesson was a good computer programmer, and people noticed he had a unique approach. The blizzard was a serious setback for retailers, especially since the Presidents Day weekend is a major day for sales. Most of the malls and independent stores were shut in the Northeast.
Kurt Barnard
Heavy rainfall in the Northeast on the Memorial Day weekend, in particular, helped to drive people to the malls and stores, in lieu of outdoor activities,
Michael Niemira
The problem with the study is that big-box retailers and online retailers are not within the area studied. Overall, record sales are up more than 8 percent year-to-year (but) sales at independent record stores are down more than 4 percent.
Hank Barry
The worst case scenario here is that stores close in the Northeast on Saturday. That's a lost day of sales. But people could postpone their holiday shopping to the next day or the next weekend.
Paul Walsh
They're only mediocre if you're a securities analyst, not if you're a real person, ... The successful retailers are opening stores like mad. That may steal sales from existing stores of their own as well as other retailers. But the overall pie is growing. I'm an economist; I focus on the pie, I don't care how they slice it.
Mark Vitner
Even though many retailers saw strong sales this past weekend, companies will not be basking in their success. Stores are already warming up for the next four weeks because the holiday season is far from over.
Tracy Mullin
But that's just the trend with malls. Malls lose stores and they gain stores and in 2006 we have some great things happening.
Jana Kuner
Retailers, after reporting a better than expected January, are having the opposite effect for February. Cold blizzard-like conditions in the Midwest and eastern Atlantic states hurt same-store sales, although Wal-Mart showed a 2.9%+ gain. Retailers are looking forward to March with the Easter spending.
Sonja Rudd
It looks like all stores are having clearance specials, summer sales. It's very competitive out there. It's a very competitive market, and we think retailers are vying for consumers' dollars as the economy is slow and people probably aren't spending as much. So retailers are giving consumers incentive to come in and traffic their stores.
Stephanie Brown
Despite a weekend blizzard in the Northeast and an oversold market after a 16% sliding the last six sessions, record high levels of gas in storage would temper any buying even if the weather stays cold.
Michael Fitzpatrick
Easter is the third-biggest seasonal driver for retailers in malls. The Christmas season — November and December — accounted for 25 percent of their sales last year. The beginning of summer — May and June — accounted for 15. 4 percent of total sales last year. Then came March and April, accounting for 12 percent of sales.
Patrice Duker
There is no question that overall sales amounts are going to rival the weekend before Christmas and a lot of stores are going to do better than that. You're getting people into the stores at a time when they don't normally shop, they don't normally spend money.
Jon B. Hurst
Despite experiencing increased footwear sales in the running category as well as strong sales during the recent Father's Day weekend, overall sales during the months of May and June continued to be disappointing, particularly for the athletic group of retail stores.
Roger Farah
We believe this will have a negative impact on February sales for the majority of our retailers as the much colder weather will likely impede store traffic, and sales of spring merchandise sets that are now in stores may be impacted.
Bill Dreher
It's a very delicate balance for retailers to decide when to transition into the next season, ... Some retailers hope launching back-to-school lines early will result in better margins. But if a clothing chain picks out a trend and puts it into stores too early and that trend flops with consumers, it leads to lost dollars. Retailers don't want to be stuck with extra inventory so they'll start putting out the sales signs fast.
Eric Beder
Nordsprog.dk
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