Saturday, February 4, 2012
Winter weather could slow holiday shoppers

By MAE ANDERSON, The Associated Press

NEW YORK — Snowy predictions in the Northeast may have storybook holiday charm, but they're not raising the spirits of retailers counting on shoppers to give them a brisk finish to the season.

A wet storm that hit the Southeast beginning late Thursday could bring snow to much of the Atlantic Seaboard beginning Saturday, The National Weather Service warned.

Washington, D.C., could get 10 to 16 inches of snow, and the New York region 5 to 10 inches, although the track of the storm is still uncertain, so much less snow is also a possibility.

For retailers already facing restrained holiday shoppers, stormy weather on the last Saturday before Christmas, sometimes the busiest shopping day of the year, could lead to the loss of sales they won't get back, experts said.

"A snowstorm like this is not good news," said Scott Bernhardt of weather research firm Planalytics. "This is 'Super Saturday,' we're talking about well over $1 billion traded on this day."

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LAST MONTH'S WEATHER-DRIVEN DEMAND SNAPSHOT: January 2012

What is Weather-Driven Demand?

Events

Sunday, Feb 5, 2012
NARUC Winter Meetings (Washington D.C.)
Thursday, Feb 9, 2012
WEBCAST: Winter Energy Market Update
Thursday, Feb 16, 2012
WEBCAST: Business Weather Intelligence 101
Tuesday, Feb 28, 2012
Planalytics Breakfast in Bentonville
Wednesday, Feb 29, 2012
Planalytics Lunch & Learn (Dallas)

More...