Friday, March 6, 2015

"small businesses have suffered devastating sales losses due to the unprecedented winter weather"

In case anyone needed some statistics to prove the point, the survey says:
After a strong holiday sales season and amid growing consumer confidence, Massachusetts small businesses experienced an average drop in sales of 24 percent during the recent wave of snowstorms, according to new survey. 
Sales losses for retail and restaurant employers were higher, at 49 percent, as customers hunkered down at home and stayed off dangerous roads and away from a public transit system marred by service woes. 
The survey, released Thursday by the Retailers Association of Massachusetts and other groups, looked at sales between Jan. 26 and Feb. 22. More than 1,600 small businesses responded to the survey, most of them companies with less than $5 million in annual sales. Many larger employers and employers not hurt by the weather did not respond, officials said.
Continue reading: http://www.milforddailynews.com/article/20150305/NEWS/150307779/1994/NEWS#sthash.3ewq8cuB.dpuf


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