Categories: OLD Media Moves

Writers on the storm

TheStreet.com media critic Marek Fuchs wants to know why so many business journalists believed Wal-Mart Stores Inc. earlier this week when it announced that January sales were hurt by the weather.

Fuchs wrote, “The National Oceanic and Atmospheric Administration is a federal agency that compiles world weather data on land and ocean surfaces, and you can use that data to compare months. And let me tell you, the national weather overview of the United States, which is Wal-Mart’s major ‘region,’ shows some interesting stuff in January.

“The average temperature of January 2008 was 30.5 degrees Fahrenheit, 1.3 degrees cooler than the average temperature in 2007. Was that cold enough to keep shoppers inside or cold enough to spur people to go buy a new jacket? Part of the problem with using weather as a cause/effect in retailing is that it can be easily interpreted different ways.

“There are, of course, isolated circumstances when weather might be a factor in a retailer’s performance. If, say, a retailer was very regional and over one week in January in that particular region there was a blizzard that enameled all the malls in snow and ice brought business to a near standstill, well, I could swallow the excuse. A week of biblical flooding some spring in the backyard of another regional retailer? Well, sure. In these isolated circumstances, I can accept weather as something more than a sly formulation to deflect blame and attention.

“But this brings me back to Wal-Mart’s misdirection. Weather in the Midwest, South and Southeast, where Wal-Mart is exceptionally strong and where Reuters specifically said the company’s sales were effected, had what NOAA described as ‘near-normal’ temperatures.”

View Comments

Captain Obvious says:
February 8, 2008 at 1:13 pm
the problem w/ this criticism is that a spot news story isn't the venue to take issue with what a public company says. If Wal-Mart cites weather in its press release, a reporter writing a story based on that release has to say that. No one is going to write "Wal-Mart blamed weather for the disappointing sales but that's not true because the national oceanic ...."
Marek says:
February 13, 2008 at 1:11 pm
Hey Capt'n: I don't usually respond but by your way of thinking, with the business media merely transcribing what companies say, I'm not sure why we need anything more than press releases. You say it, we print it. But the whole point of journalism is to put what authorities say--the crud, the truths--into the proper perspective. In a spot news story that can be done precisely 1,423 ways without saying "that's not true." How about just running the weather statistics for the month in question and letting reader's decide? Or, if this is the central issue, interview a few with knowledge of weather's effect on retail. Obvious, Capt'n. Best, Marek.