When all you read is gloom, turn here for a much different perspective.

Wednesday, February 10, 2010

East Coast Blizzard Yields Silver Lining for Some

Mega-storms storms paralyze many businesses, but for others ice and snow spells big profits.

"All of our inventory has disappeared faster than concert tickets," says Jon Hoch, owner of Power Equipment Direct Inc., an online dealer that has seen surging sales. Snow blowers inventory is now such that, "We have this beautiful Web site that in a day or two won't have anything left to sell."

For years the cab drivers in DC have taken advantage of snow situations. On Wednesday one traveler heading to Reagan National Airport said a cabbie tried to charge him a "$100 snow fare."

In Pennsylvania, Jack Frost Big Boulder, Blue Knob, and Camelback ski resorts are all reporting premium skiing conditions. Servicing key markets like Philadelphia, DC and the Poconos -- all areas have had record snows -- and East coasters are heading for the hills -- their wallets in tow.

Michael Cleren of Jack Frost reports, "We are set for record [sales] numbers in the next 10 days." For most eastern ski resorts business is strong and the snow pack is now in place for healthy March operations and profits.

For grocery stores, these are also profitable times. The snow storms have challenged Wawa, Safeway and Giant retailers to stay open during the inclement weather. Those that can manage to keep their doors open report brisk sales with the public making a run on staples just prior to the storm.

Sal Mattera, Wawa operations chief reports other good news for some Wawa vendors:
the store pays overtime to keep their parking lots plowed and sidewalks clear. During a storm, customers are in a spending mood. If customers can make it to their parking lot, Wawa does everything possible to make sure they make it inside.

1 comment:

  1. Thank You for the post. I love to read interesting post that has knowledge to impart. I hope to read more articles from you

    ReplyDelete

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