Jewelers Miss NYC Transit

20 Dec


Just in time for holiday shopping, New York city transit workers decided to strike today.

Per a report by CNN: " New York City Mayor Michael Bloomberg lashed out at union leaders for "thuggishly" turning their backs on the city, adding the strike could cost the city more than $400 million a day."

National Jeweler reports that jewelry stores were feeling the pinch early in the day:
" As New York hurtled into its first day of a transit strike that shut down city-wide bus and subway travel, jewelers were already feeling the impact of a retail slowdown."

Many stores were missing personnel who had trouble getting to work, and of course, more importantly, shoppers were having trouble getting around as well.

Read more: (from CNN) " Millions struggle as transit strike ruled illegal"

(from National Jeweler) " N.Y. jewelers take hit from transit strike"

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