Tag Archives: consumer

The Economy: Doesn’t Winter Come At The Same Time Every Year?

Lately, whenever there is an earnings miss or a disappointing number concerning consumer spending, the cold and harsh winter will typically be blamed! As an example Kohl’s same-store sales missed analyst numbers this morning rising 1.4% when expectations were for a rise of 2.6%. Why? Predictably, they were ‘hurt by colder-than-usual weather in February.’ Yesterday Macy’s also […]