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Snow Storm East Coast

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  1. Business Travel
  2. Hurricane Season
  3. Forecasting
  4. Home Depot
  5. Travelers Cos.
  6. Activision Blizzard, Inc.
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Storm to Spawn Mixed Results for Retailers, Restaurants

Restaurants and retailers are bracing for the blizzard approaching the Northeast, as its impact will be either boom or bust on their sales.Some stores, like Sears Holdings Corp. (SHLD) and Home Depot Inc. (HD), are capitalizing on the demand for snowblowers, shovels and other winter gear. But clothing stores and restaurants that rely on weekend traffic are facing a more troubling forecast.Sears, which has hundreds of stores from Philadelphia to Maine that are in the storm's path, said it already has an abundance of winter-weather merchandise in stock as it has been a relatively mild season so far.Home Depot said it is preparing for the snow storm similar to the way it did for superstorm Sandy last fall, though on a smaller scale. And Lowe's Cos. (LOW) said its regional distribution center in Connecticut is working to help the stores reopen as soon as possible Saturday, even if they have to close early ahead of the storm.Home-improvement chains typically get a noticeable boost from bliz...

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