Tuesday, January 4, 2011

Store sales take $1 billion slide in blizzard

The East Coast snow storm of winter 2010 has trapped shoppers, and retailers are hating the results. Cable News Network Money accounts the hope for significant shopper traffic for after-Christmas revenue dimmed as retail shoppers avoided the great snow storm. Because the snow storm kept shoppers at home, it has been projected that merchants lost approximately $1 billion in after-Christmas sales. These were the very same merchants hoping individuals would use a payday loans to do their after Christmas buying. Resource for this article – Retailers lost $1 billion, thanks to blizzard by MoneyBlogNewz.

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