It seems that some retailers are really smarting from Katrinas wrath going ahead. It looks like it is pretty temporary and none of the stores seem to be closed due to heavy damage.
I am more worried about people spending less because of the high gas prices due to the refinery and oil rig closures. That would really torpedo the retailers if Americans stopped buying discretionary goods. We are already seeing that $70 oil that people have been fearing.
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