Retailers are trying to blame weak November comps on the wind and rain, but analysts are starting to see a worrisome underlying trend.
Many chains, even those without a strong presence in the Northeast, pointed to the impact of Hurricane Sandy on their results and explained they were caught flat-footed by the storm’s enduring effects. But experts, many of whom were also surprised by the tepid results, noted retailers just weeks ago were downplaying the storm’s impact; analysts instead focused on decelerating consumer spending just ahead of the holiday selling season.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)