ext weath jan2015 large

ext weath jan15m

 
Fog

41°F

Shelton, WA

Fog
Humidity: 96%
  • State Funds New Signage For County Rail Crossings

    cones asphaltState regulators today approved nearly $1,000 in safety upgrades for 14 railroad crossings in Mason County. The Washington Utilities and Transportation Commission approved a Grade Crossing Protective Fund (GCPF) grant at the request of Simpson Lumber. Simpson Lumber will receive… Read More +

  • 1
  • Explosion At Tacoma Auto Parts Shop

    exp garageAn explosion and dramatic fire at a south Tacoma, Washington, auto parts shop prompted fire crews to temporarily evacuate businesses near one of the main gates to Joint Base Lewis-McChord's McChord Air Field. The fire sent up a… Read More +

  • 1
  1. Daybreak
  2. Legislative Linkup
  • Baker Signed To Minor-League Deal

    marinersSThe Seattle Mariners have signed catcher John Baker to a minor-league deal with an invite to spring training. The Mariners announced the signing Thursday after Baker passed a physical. He is expected to compete with Jesus Sucre for the backup job with the Mariners playing behind starter Mike Zunino.

    Read More
  • 1

Retailer Blames Fear of ‘2013’ for Disappointing Earnings

b_250_0_16777215_00_images_obgrabber_2013-09_c4d5047827.jpgAidon/Getty Images (NEW YORK) -- Men’s Wearhouse CEO Doug Ewert blamed the company’s disappointing earnings on couples’ wariness of getting married in the year 2013 because of triskaidekaphobia, or the fear of the number 13. During a conference call with investors on Thursday to discuss second-quarter earnings, Ewert said “numerical anomalies” affected wedding sales this year.

“Historically, we’ve seen numeric anomalies in the calendar effect when brides choose their wedding date, and we believe that the number 13 in 2013 is causing a small, but meaningful number of brides to avoid getting married this year,” Ewert said.

The company’s earnings fell to $42.9 million from $59.4 million in the same period a year ago.

However, the CEO since June 2011 added, “It’s reassuring to see a significant increase in advance reservation for 2014 wedding though,” the CEO added.

Is Ewert crying wolf or are Men’s Wearhouse customers delaying their weddings due to superstitions over a number?

Richard Jaffe, analyst with Stifel Nicolaus, said Ewert likely has more insight into his customers than others.

In the same way many couples rushed or waited to get married on July 7, 2007, for three lucky sevens, some couples are wary of unlucky numbers.

“There is a level of concern or value added to these numeric references,” Jaffe said. “And while hard to understand, these patterns do exist in customers’ minds.”

In its conference call, the company mostly discussed its acquisition of JA Holding, the parent company of clothing brand Joseph Abboud, announced in July, and other aspects of the industry. Ewert was radio silent on any mention of founder George Zimmer, who was fired as executive chairman in June, the start of Men’s Wearhouse’s second quarter.

The company’s financial report did mention “$2.9 million in costs related primarily to the JA Holding, Inc. acquisition and separation costs associated with a former executive.”

Copyright 2013 ABC News Radio

  1. Environment
  2. Recreation

Tweets

Nmann9
Nmann9 - Woohoo. Flying from Australia for Opening day... Doesn't get much better! @Mariners @MLB pic.twitter.com/CkctPPw1dO

Retweeted 11 hours ago

USCGPacificNW
USCGPacificNW - Coast Guard crews assisted local agencies in a rescue near Newport, Monday. youtu.be/mgIMd3zZquY For more info: goo.gl/nQOR12

13 hours ago

MasonWebTV
MasonWebTV - New: Green Diamond Seeking Scholarship Applicants - masonwebtv.com/?p=14220

Retweeted 13 hours ago

OlySportsBlog
OlySportsBlog - Final at Marcus Pavilion: Seattle Pacific 84, Saint Martin's 52. Falcons shot 19-25 from the floor in the second half. Two misses in mop up.

14 hours ago

Public Notices