Retailers Welcoming Storm of Opportunity

Summary


Ronald Hill was moving quickly on a recent morning at The Home Depot in Biloxi, Miss., loading a trailer with slabs of wallboard. He had a house to rebuild after Hurricane Katrina ripped through his neighborhood.

Mr. Hill, who has already spent $13,000, will spend $47,000 more, buying "basically, everything but the studs and bricks."

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Extract


Retailers Welcoming Storm of Opportunity

Katrina's devastation has created a huge business opportunity for home improvement retailers The Home Depot Inc. and Lowe's Cos. With both companies expected to...

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