Michigan retailers

Business
11:17 am
Thu February 27, 2014

Michigan's winter weather also chilling business

46% of Michigan retailers report their sales were down last month, compared to January 2013. Only 30% said their cash registers were busier.
Steve Carmody Michigan Radio

The brutal winter weather is taking a toll on Michigan retailers.

A major ice storm just before Christmas resulted in poor overall holiday season sales for many Michigan stores.

The brutally cold January that followed was just as bad, according to a new report by the Michigan Retailers Association, which says 46% of retailers report their sales were down last month, compared to January 2013. Only 30% said their cash registers were busier.

The gloom created by slow sales may carry over into the rest of the year.

Business
2:10 pm
Tue December 24, 2013

Last minute holiday shoppers swarm Michigan stores on Christmas Eve

Christmas shoppers line up at cash registers on Christmas Eve
Steve Carmody/Michigan Radio

Today hordes of last-minute Christmas shoppers hit Michigan stores frantically shopping for the perfect present, or at least the best still available.

The checkout lines, all two dozen of them, at a Meijer in Jackson were at least three shoppers deep around noon.

Jeff Bycraft was doing some last-minute Christmas shopping with his fiancé.

“Running a little bit behind this year, but we’re going to get it all done today. You have to,” says Bycraft.

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Economy
1:28 pm
Tue July 19, 2011

Unemployment rate makes Michigan retailers nervous

User: Justin.Beck Flickr

The continued high unemployment rate is making Michigan retailers nervous about sales this summer. Rising commodity prices for things like cotton and petroleum products are costing retailers more. Tom Scott is with the Michigan Retailers Association. He says some retailers are slashing prices for their shoppers, but generally retailers are optimistic despite the uncertainties.

Our unemployment rate seems to be stuck. We’re not seeing much improvement there, so that’s certainly a big concern. One thing that is helping is the recent drop in gas prices.

Scott recognizes gas prices could spike at any time.  He says if shopping continues to move in a positive momentum, retailers should be fine.

-Traci Currie - Michigan Radio Newsroom