Content about Natural Disaster

June 13, 2014

99 Cents Only Stores LLC reported net income of $9.57 million in the first quarter of fiscal 2015, up from $897,000 in the same quarter a year earlier.

May 15, 2014

The winter of 2014 brought record cold and snow throughout North America and its impact on business and consumer spending were widespread and significant. How impactful was it? Well, for the S&P 500 companies, the word “weather” was mentioned in almost 200 earnings calls from January through March, which is a 81% increase compared to last year.

May 2, 2014

The increased severity and frequency of storms and other catastrophic events has put a white-hot spotlight on disaster planning. No retailer can afford to be unprepared. Three disaster readiness experts shared insights on how retailers can best avoid catastrophe before it happens during the SPECS workshop session, “Disaster Zone — Before the Storm.”

Moderator Gregg Beatty, president of embc, kicked things off by reviewing the “three Rs” of dealing with a disaster — readiness, response and recovery.

May 1, 2014

Year five and, once again, too few square feet in ground-up shopping center construction to rank the “Fastest-Growing Developers” as has been the Chain Store Age tradition for the 20 years prior.

Today, developers seem fated to redevelop and expand existing centers, develop 300,000-sq.-ft. to 600,000-sq.-ft. outlet centers and perhaps add an occasional grocery-anchored infill center.

February 25, 2014

Macy's Inc.'s fourth-quarter profit increased 11%, but the chain’s sales missed forecasts as ongoing winter storms caused a sales slump in January.

December 13, 2013

Schimenti Construction Company completed ground up construction of two Target department stores, in Huntington and Staten Island, N.Y. — overcoming unique challenges exacerbated by Super Storm Sandy along the way.

November 15, 2013

Walmart and the Walmart Foundation are committing $1 million to the Red Cross and Save the Children for emergency relief efforts in response to needs created by Typhoon Haiyan in the Philippines.

June 27, 2013

In April, John Crossman, president of Orlando, Fla.-based real estate firm Crossman & Co., became the youngest inductee into the Florida State University College of Business Hall of Fame. 

Established in 2003, FSU's College of Business Hall of Fame honors graduates who have excelled in their careers, earned significant recognition for professional achievements and community service, and made significant contributions to the mission of the College of Business.

June 21, 2013

Natural Grocers by Vitamin Cottage said it is opening its second Oklahoma location – in Tulsa – on June 25.

May 30, 2013

The Home Depot announced a single-day effort to prepare residents in storm-prone regions for the upcoming hurricane season.

February 1, 2013

Harris Teeter Supermarkets Inc. reported that its fiscal first-quarter net income rose nearly 67%.

January 21, 2013

Ahold reported that sales for the fourth quarter rose 7.5% to $10.4 billion, boosted largely by its ability to keep U.S. stores open during Hurricane Sandy, said the company.

January 16, 2013

The Toys “R” Us Children’s Fund announced it has made a $1 million donation to the Hurricane Sandy New Jersey Relief Fund, created by New Jersey’s Governor Chris Christie and First Lady Mary Pat Christie to aid, comfort and rebuild the Garden State in the wake of the devastation that impacted so many children and families.

December 28, 2012

Holiday-related sales rose 0.7% from October 28 through December 24, compared with a 2% rise last year, according to a preliminary report from MasterCard Advisors Spending Pulse.

December 21, 2012

Walgreens fiscal first-quarter earnings dropped nearly 26% as costs tied to a couple big deals and Hurricane Sandy helped put a bigger-than-expected dent in the chain's performance.

December 6, 2012

As expected, Hurricane Sandy left its mark on Rite Aid's monthly sales as the chain reported a decline in comps for November.

November 29, 2012

Many retailers blamed Hurricane Sandy for weak sales in November, although some companies were buoyed later in the month by a long Thanksgiving weekend.

November 27, 2012

Not even a hurricane named Sandy could erode the economic upsurge experienced by the northeastern United States over the last year. What this region rebuilt after the Great Recession has managed to stay strong even in the face of Sandy’s 80-mph winds, record flooding and the damage inflicted by its nor’easter sister that arrived just days after the fall 2012 hurricane.

November 7, 2012

Hurricane Sandy is being held responsible for reducing U.S. retail sales in the Mid-Atlantic and Northeast region by about $4 billion last week, according to MasterCard Advisors SpendingPulse.

November 2, 2012

Hurricane Sandy is likely to result in shipping delays and an increase in third-party carrier rates due to fuel shortages, according to Chris Merritt, VP/GM, retail supply chain solutions for Ryder.

November 1, 2012

As the holidays approach and retailers are still recovering from Hurricane Sandy, October same-store sales results showcased consistent strength in the department store category.

October 30, 2012

New York -- A Tuesday report by the Wall Street Journal said that Home Depot and Lowe’s Cos. had deployed hundreds of truckloads of storm-recovery inventory Tuesday into areas impacted by Hurricane Sandy.

October 29, 2012

As Hurricane Sandy bears down on the northeastern U.S., retailers are doing more than stocking up on emergency supplies for their customers – they are making preparations to protect themselves.

© 2014