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Hot Times at Retail: Soaring Temps Drive Consumers to Stores |
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by Sharon Edelson, Women's Wear Daily
Consumers throughout the Eastern U.S. sought relief from record-breaking temperatures Tuesday any way they could — including going shopping.
As the thermometer topped 100 degrees in Manhattan and elsewhere, retail executives said traffic to their air-conditioned stores and malls was heavier than normal. Even the bedbug-plagued Hollister store in SoHo, which reopened Saturday, saw a large influx of consumers.
The searing heat followed the warmest July 4th weekend since 2007 and the third-warmest June in 50 years. And the heat wave was forecast to continue through at least Friday, when temperatures are expected to dip to the more-normal mid-80s.
Over the weekend, businesses in the eastern two-thirds of the U.S. experienced double-digit increases of seasonal purchases compared to the coldest 2009 period in a decade, according to Planalytics, which analyzes and publishes the weather’s impact on retail. While consumers on the West Coast were still waiting for summer to start and holding off on seasonal purchases, other shoppers were able to think about fall wardrobes and even boots — despite the heat.
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