Hurricane Trips Up Back-to-School Sales
Source: online.wsj.com Posted By: Jacky S...4636 days ago
U.S. retailers' hopes for robust back-to-school sales in August, an important indicator of holiday spending, were curbed by Hurricane Irene. Stores now are looking to make up lost ground in September.
Hurricane Irene slammed the U.S. East Coast on one of the biggest back-to-school shopping weekends—the period before the Labor Day holiday weekend—forcing store closures in one of the nation's most populous regions. Those missed sales will have to be made up in September, the last heavy month of....