Neither rain nor sleet nor snow nor that crap they call wintry mix can keep shoppers out of their favorite stores, even in the depths of cold, blustery and wet January. Numbers are in on last month’s sales, and stores like Costco, Victoria’s Secret and Macy’s are boasting strong numbers.
Usually no one really cares about January’s numbers, since it’s when stores get rid of all their winter stuff to clear room for spring products. But hey, no one is going to complain about good sales.
“It’s one more piece of the economic puzzle that’s falling in place,” Michael Niemira, chief economist of the International Council of Shopping Centers, told the Associated Press.
Costco reported a 9% gain in revenue at stores open at least a year, while Limited Brands had a 24% increase. Macy’s also had an uptick with a 2.6% gain.
It’s not all sunshine and wallets spilling money: Bad weather did affect some, as Target was one retailer that had low numbers.
Brutal winter, snow can’t slow shoppers hot for new clothes [New York Daily News]