The Strike in New York couldn’t come at a worst time for retailers. Clothing and fashion retailers in particular are getting hit hard as the year has not been a good one in many respects. Burt P. Flickinger 3rd, a retail industry analyst speaking with Woman’s Wear Daily said that “If [the strike] goes the full week,sales could be off 50 percent or more this week.n terms of lost operating income for New York-based retailers, it could be a quarter to half a billion dollars if they lose the entire week.”
Workers for the stores also had a tough time coming in with traffic snarled and mass transit being unavailable. A retail worker for Century 21, a off-price retail chain in New York said that “A lot of my co-workers just couldn’t make it in, I live in New Jersey, and even our trains were crowded.” New Jersey’s commuter train service is not affected by the New York City Strike.
As a preventative measure Gap inc. which operates 20 Gaps, 15 Banana Republics and four Old Navys in Manhattan hired buses to pick up employees in the outer buroughs and is providing $15 a day travel stipend.