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Shipping delays, car inventory down post-Sandy

7:09 PM, Nov 8, 2012   |    comments
Attila Kisbenedek, AFP/Getty Images
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First it was Superstorm Sandy. Now, the already ravaged northeast has to deal with a Nor'easter.

The double punch is hurting certain industries and consumers right here in Northeast Ohio could feel the effects.

As a blanket of white covers the Northeast, rows of white lace and satin in Rocky River are missing a few dresses.

"We have about 2 companies that ship out of New York and they obviously let us now, our website is down, shipping is going to be delayed," says The Perfect Bride manager Carly Kuhn.

She says luckily there's just a few bridesmaid dresses she's waiting on. But because of Superstorm Sandy, arrival is hard to predict.

"They're still kind of up in the air. I mean, it was a big storm so it affected a lot of people."

Within the past week, consumers ordering online were met with warnings from retailers that shipping could take a while.

Steve Madden's shoe lovers received a message saying "our distribution facilities and shipping carriers were impacted by the storm... There may be delays in getting orders to you... "

Preppy clothier Vineyard Vines, based in Greenwich, Connecticut, tweeted Monday: "The warehouse is still without power delaying shipping."

The storm also took out east coast ports taking in new car inventory. Auto dealers today say they'll have to scrap 250,000 new and used cars. Inventory might not make it to the Midwest and lower supply with higher demand might mean fewer deals.

The retail industry estimates it could lose $25 billion in sales from last week's storm. Now they are reducing their holiday sales forecast for the year.


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