Snowstorm takes toll on retailers
New York City Retailers in the Northeast region are preparing for round two this week as another major snowstorm threatens to disrupt business. Here is a glimpse at how the weather is affecting the retail business from Planalytics, provider of the Business Weather Intelligence service:
Percentage of stores affected Feb. 9 through Feb. 12 by snow:
- The Bon-Ton Stores: 99% of stores impacted
- Dick's Sporting Goods 77%
- BJ's Wholesale Club 75%
- DSW: 59%
- Talbots: 56%
- The Children's Place: 56%
- TJX Cos.: 55%
- Limited Brands: 52%
- Sears Holdings: 50%
- Brown Shoe Co.: 47%
Weather-driven demand by product category:(compared with same period last year)
Winterwear:
- Northeast (total): up 18% last week, up 115% this week
- Baltimore: up 58%, up 200+%
- Philadelphia: up 16%, up 147%
Soup:
- Northeast (total): up 1% last week, up 23% this week
- Baltimore: up 10%, up 28%
- Philadelphia: up 17%, up 29%