We've since moved away from the house within walking distance of the doughnut shop. Now by a large park, our family has the instituted new, healthier tradition. The kids sled down a steep hill in the shadow of an old Victorian pagoda.
If school is canceled, they sled all day (or at least as long as mom or dad can stand the cold). They'd never sled anywhere else in the park except "pagoda hill" because that's part of the snow day tradition.
Snow days are a lot more fun for kids than parents. So often they are the source of happy memories they'll share someday with their own children. (My kids know all about my own adventures down the treacherous, bramble-covered "utility hill.")
We don't always have time to take them sledding, but there are many simple snow day activities that can become traditions and build happy childhood memories. I really like the treasure hunter idea on this list of rainy day fun, but a snow day tradition can be as simple as making hot chocolate. The trick is to do it every time.
Laureen Miles Brunelli