Is that good or bad? I know Wal-Mart is sending huge amounts of these
supplies by the truckload to the Red Cross in some cases via donation
in some cases via purchased merchandise but I hear in both cases they
are eating the transportation gas costs. Interesting......<br><br><div><span class="gmail_quote">On 9/10/05, <b class="gmail_sendername">Doug Henwood</b> <<a href="mailto:dhenwood@panix.com">dhenwood@panix.com</a>> wrote:
</span><blockquote class="gmail_quote" style="border-left: 1px solid rgb(204, 204, 204); margin: 0pt 0pt 0pt 0.8ex; padding-left: 1ex;">Wal-Mart keeps forecast; water sales up<br>Sat Sep 10, 9:22 AM ET<br><br>CHICAGO (Reuters) - Wal-Mart Stores Inc. (NYSE:WMT - news) on
<br>Saturday said demand increased for hurricane-related merchandise<br>including water, canned meat and sleeping bags, and it maintained its<br>September sales forecast.<br><br>On a recorded message updating sales through Friday, the world's
<br>biggest retailer said it still expects a 2 percent to 4 percent<br>increase in September sales at its U.S. stores open for at least a<br>year, and demand for groceries was stronger than general merchandise<br>sales.<br>
<br>The strongest sales regions included Texas, where thousands of New<br>Orleans-area residents were evacuated following Hurricane Katrina.<br>Sales were strong across much of the U.S. South and Southeast,<br>Wal-Mart said.
<br><br>Wal-Mart repeated that its forecast was subject to any impact from<br>the hurricane and rising oil prices. The retailer said it had<br>reopened all but 15 of the 126 stores and corporate facilities that<br>were closed due to the hurricane. Nine locations were severely
<br>damaged.<br><br>Wal-Mart's chief executive officer said earlier this week that one of<br>the retailer's Louisiana stores was reduced to nothing but half of a<br>wall and safe.<br>___________________________________<br>
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