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Slow Sales Post-Irene Could Spur Fall Deals

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Plenty of stores were slow to reopen post-Irene. That, and their slow traffic now as consumers recover, could mean better deals later this fall.

While supermarkets and hardware stores are the typical beneficiaries of a pre-storm economic boost as shoppers stock up on flashlights and bottled water, spending in a disaster’s aftermath is just as predictable. “It’s recovery and restaurants, and nothing else,” says Scott Bernhardt, the chief operating officer for Planalytics, a research firm that studies weather and business.

Wal-Mart, Home Depot and Lowe’s are usually the first to reopen. And as today’s Wall Street Journal reports, the Federal Emergency Management Agency often considers how many Waffle House restaurants in an area are open, whether they are serving a limited menu, and how big the crowds are when determining just how bad a particular storm was. “After something like Irene, people hit the fast-service restaurants like crazy,” says Bernhardt, who is among the estimated 400,000-plus Pennsylvania residents still without power. “I don’t go to the grocery store, because I can’t store the food.”

Most other retailers take a more cautious approach, simply because they know that consumers aren’t in a rush to get a few more back-to-school items while the power is out and there’s three feet of water in the basement. “People don’t hurry to the mall, and the malls know that,” he says. That can mean that businesses in an affected area will offer better sales and deeper discounts in coming weeks, as a way to play catch-up, Bernhardt says. Look for earlier fall sales, and even limited hurricane-specific deals. To that end, banks have already jumped in with “hurricane” discounts on loans.

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    • How true.A friend of mind thuhogt he’d hit the big time with a a31m order.He was chasing turnover and didn’t really look into the company he was dealing with.He agreed to do the work, paid for materials etc up front and worked on the premise of getting paid within three months, then the final total in six months.having done the work and paid out a fortune to get it done, as well as bringing in extra staff via sub contracting, he is still waiting for the first payment and thinks it is all over for his company.Chasing turnover, that magic million, is not always a good idea as he found to his cost. Turnover vanity, profit sanity and all that.VA:F [1.9.6_1107]please wait…VA:F [1.9.6_1107](from 0 votes)

    • phi sneha,br /this is the code please ralpece with in-time and out-time accordingly.it is very big code but it will solve the purpose./pp CAST ( FLOOR( TIMESTAMPDIFF( SQL_TSI_MINUTE , Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) / 60) AS VARCHAR ( 7 )) ‘ : ‘ CASE WHEN EXTRACT( SECOND FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) EXTRACT( SECOND FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) AND EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) THEN CASE WHEN 60 EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) + EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) >= 60 THEN CAST ( ABS(60 (60 EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) + EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT )) 1) AS VARCHAR ( 7 )) ELSE CAST ( ABS(60 EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) + EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) 1) AS VARCHAR ( 7 )) END WHEN EXTRACT( SECOND FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) > EXTRACT( SECOND FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) AND EXTRACT( MINUTE FROM Reuters Reports . “. MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) < EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) THEN CAST ( ABS( EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) 1) AS VARCHAR ( 7 )) WHEN EXTRACT( SECOND FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) < EXTRACT( SECOND FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) AND EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) = 60 THEN CAST ( ABS(60 (60 EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) + EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ))) AS VARCHAR ( 7 )) ELSE CAST ( ABS(60 EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT ) + EXTRACT( MINUTE FROM Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT )) AS VARCHAR ( 7 )) END END ' : ' CASE WHEN ( TIMESTAMPDIFF( SQL_TSI_SECOND , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) / 60.0 TIMESTAMPDIFF( SQL_TSI_MINUTE , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT )) * 60 < 0 THEN CAST (60 + ( TIMESTAMPDIFF( SQL_TSI_SECOND , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) / 60.0 TIMESTAMPDIFF( SQL_TSI_MINUTE , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT )) * 60 AS VARCHAR ( 7 )) ELSE CAST (( TIMESTAMPDIFF( SQL_TSI_SECOND , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT ) / 60.0 TIMESTAMPDIFF( SQL_TSI_MINUTE , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CREATE_DT , Reuters Reports . ". MART_OWNER_UAT2 . TROUBLETICKETFACT . CLOSURE_DT )) * 60 AS VARCHAR ( 7 )) END regards,Pallavi

    • It’s an emergency; the federal government should allow the businesses to function for a while before regulating and taxing them out of existance.
      OMG
      (obama must go)

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