JOURNAL ARTICLE

From Mink Coats to Miami Trips, Cold Wave Spurs Winter Splurges.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: He, Casey; Cachero, Paulina 3 of 3

Abstract

The article discusses how residents of New York City and the Northeast are responding to an unusually cold winter, characterized by a nine-day stretch of subfreezing temperatures, by increasing their spending on winter essentials and warm getaways. Sales of luxury winter clothing, such as mink coats, have surged, with some stores reporting a 20% increase in sales compared to the previous year. Additionally, there has been a notable rise in spa appointments and travel bookings to warmer destinations, as people seek relief from the cold. Despite the harsh weather leading to a decline in restaurant and retail foot traffic, grocery store activity has increased as residents stock up on essentials. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191579993
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