31 October 2012
Consumers digging out from Sandy will be a boon for hardware store sales, according to a Marketplace article. Kurt Salmon retail strategist Tony Ward said the typical customer’s hardware tab after a storm is $400 to $800—quadruple what people normally spend, and as a result, hardware store sales will be 2–3 times bigger than they usually are at this time of year. “Outside of Katrina, this will be probably the second largest one that we’ve seen in a long time,” he said in the article.
For the full article, click here.