Dow Jones Newswires

01 November 2012

In the aftermath of Hurricane Sandy, retailers and industry analysts are looking to the storm’s impact on holiday sales. In a Dow Jones Newswires article, Kurt Salmon retail strategist Madison Riley said he expected Sandy to have minimal impact. “I do not see the hurricane having a negative impact on holiday sales,” he said. “This will eat into savings and rainy day funds, but I think people ultimately want to celebrate and will buy gifts.”

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