West Alabama Wednesday Briefing
Good morning West Alabama! It is Wednesday, November 13, 2024.
Thursday Morning Observations:
Thanksgiving is not here yet and already the Christmas shopping season is underway. But that is not a bad thing, the holiday months of November and December are when retailers earn the most. Businesses take on holiday employees and generally, "Black Friday" sales last for weeks.
The holidays are big business. That’s not going to come as a shock to anybody — but there is a problem. The latest figures from Adobe Analytics show that from November – December 2023, Americans spent more than $222 billion (yes, billion!) while shopping online. While clicking a mouse may be convenient, it is hurting your local economy. Those dollars you are spending are not staying home.
Shopping online is depriving local retailers and municipal/county governments of critical revenue. That removes tax dollars that can be used to improve cities and counties, that can help keep local businesses in business and provide jobs.
According to the Small Business Administration (SBA):
- 75 percent of retail small businesses rely heavily on holiday sales to meet annual revenue goals.
- 58 percent of retail small businesses say holiday customers are “extremely important” to the overall success of their business.
- 50 percent of small business get at least one-quarter of their annual revenue from holiday shoppers, and that number jumps to 73 percent for retail stores.
- Buy online has been rapidly driving mom and pop businesses into bankruptcy. Up 50% from 2020.
- Only one-third (33 percent) of shoppers feel that visiting or purchasing during the holidays makes a significant impact on a small business livelihood.
The holiday season isn’t just a big deal for your hometown small businesses — it’s absolutely vital to their survival. Every dollar, or sale, goes a long way and might make the difference between a good year and a bad one.
Every shopping dollar that stays local is critical to the survival of your town or city, your next-door neighbor and you!
(Opinions expressed in Morning Briefing are not necessarily those of the ownership, management of staff of Townsquare Media Tuscaloosa.)
Weather:
A surge of moisture will advance across West Alabama today and tonight. While the rain will be beneficial from drought and wildfire standpoints, too much rain may fall too fast and trigger flash flooding,
There will be pockets where rain can briefly pour down at 1-2 inches per hour, leading to street flooding and quick rises on some small streams. But as dry as it is, it shouldn't last long.
After that colder temperatures will be ushered in.
Also remember, Hurricane Season 2024 is not over yet. Tropical weather is still lurking
Read More: Alabama Monitors Mid-November Tropical Development
The Forecast
Topping the News:
The ball is in the court of developers of the planned University Beach resort in Northport. After the Tuscaloosa County Commission opposed permits allow discharge of fill material into water on the construction site, the developers withdrew their application. How that will modify the project is not yet known.
A new luxury 7-story hotel, condo and private club is scheduled to break ground in downtown Tuscaloosa next year. The facility will be located on 4th Avenue, just off University Blvd.
Buffalo Rock's new $8-million sale facility is now open near Tuscaloosa National Airport. The new state-of-the-art facility will provide 100 jobs.
Alabama Junior Republican U-S Senator Katie Britt has told reporters she believes the election of President-Elect Donald Trump improves the odds of the U.S. Space Force Command being moved from Colorado to Huntsville.
1 - Oregon*
2 - Ohio State
3 - Texas*
4 - Penn State
5 - Indiana
6 - BYU*
7 - Tennessee
8 - Notre Dame
9 - Miami*
10 - Alabama
11 - Ole Miss
12 - Georgia
13 - Boise State*
14 - SMU
15 - Texas A&M
16 - Kansas State
17 - Colorado
18 - Washington State
19 - Louisville
20 - Clemson
21 - South Carolina
22 - LSU
23 - Missouri
24 - Army
25 - Tulane
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