East Coast Snow Storm May Damp TJX, Kohl’s Sales, Stifel Nicolaus Says

dreamboy_shani — Sat, 19 Dec 2009 06:58:31 +0000

By Chris Burritt 18th December (aktiencheck.de AG) – TJX Cos., Kohl’s Corp. and other retail center shopping street is the injured party the weekend before Christmas, when a snowstorm was asked to stay on the east coast of Consumers buy at home and online, Stifel Nicolaus & Co.. said. Companies with popular sites such as Urban Outfitters Inc. and J. Crew Group Inc., offset weak sales figures in their online stores with the highest incomes, Richard Jaffe, an analyst with Stifel, New York, wrote today in a note. Should not exceed internet sales are the low income groups of the bank in what is traditionally the busiest weekends of the year, “he said. A storm in northern North Carolina to New England could dump up to 16 inches at Baltimore Washington corridor and 6 inches to 12 inches in New York, according to the National Weather Service is. The storm likely to hit all the major coastal cities of the reader, said Tom Kines, senior meteorologist at private forecaster AccuWeather.com in State College, Pennsylvania. “If the storm will rise, or if the media continue to report on this subject,” consumers are likely to be at home, “said Jaffe and his colleagues note in New York-based analyst with Stifel Megan Roesch and Beth Stewart. “If the consumers of the risks in the storm, probably present in schools, where you can buy a house and have many options to sell.” stores in malls are the most severely affected people to avoid travel the weather, analysts said. What kind of TJX and Urban Outfitters to “buy” and Kohl and J. Crew held “on”. “Waiting Game Sherry Lang, a spokesman for Framingham, Mass., TJX, which operates TJ Maxx and Marshalls clothing chains, shops, did not return calls seeking comment on the. Even Jen Johnson, a spokesman for Menomonee Falls, Wisconsin-based Kohl. Urban Outfitters wait, based in Philadelphia, and calls to J. Crew did not return with headquarters in New York to take a stand. consumers more until the last minute to purchase gifts that growth of the entire year, the National Retail Federation reiterated its forecast decline of 1 percent of holiday sales. consumers complete their purchases, on average, 46.7 percent for the second week of December. This is the lowest since 2004, according to a poll released by BIGresearch December 16, by the National Retail Federation. Slide the 1 per cent in November and December sales, compared to the decline of the last year of 3.4 per cent, the first decline since the headquarters in Washington, began tracking the holiday in 1995. For reporters on this story: Chris Burritt in Greensboro, North Carolina, at cburritt@bloomberg.net.

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East Coast Snow Storm May Damp TJX, Kohl’s Sales, Stifel Nicolaus Says