Weather and Easter rains misery on US retail in March
A cold March and an early Easter led to disappointment for retailers in the
Paul Walsh, vice president of Planalytics, stated, "The earliest Easter in
15 years combined with the coldest March since 2001 left retailers cold this year as, across a large part of the
The Planalytics Retail Weather Index for March was -15%, making it the most unfavourable shopping environment for spring apparel since 2001. The Retail Weather Index is a measure of the impact of the weather on consumer buying behaviour.
"Weather is important this month because at this time of year, it drives both traffic and activity. It influences both when and where people spend their time and money. As we move through spring, from March to May, it has more impact for this same reason. Although there is always a weather factor, it will taper off in the summer and then strengthen again in the autumn transitional months," explained Frederic Fox, president and CEO.