Retailers are in the process of recovering from Hurricane Sandy, with many stores reopening and others remaining dark. The storm’s impact on business might not have a severe effect on upcoming holiday sales, but consumers with damaged properties could direct their holiday shopping dollars into storm clean-up instead, retail experts told Crain’s. “They might not be spending on holiday gifts in November,” Jack Kleinhenz, chief economist at the National Retail Federation, told Crain’s. “They might [more]
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