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Costco, Wal-Mart and Target Analysts at JP Morgan say Wal-Mart, Costco, and Target likely saw a significant spike in sales of food and other hurricane supplies in the days before Sandy. An added benefit may be that consumers increasingly favor cost-cutters as other storm-related expenses burden household budgets, says Evan Gold, a senior vice president at weather consulting firm Planalytics. Analysts say gains could be limited, though, as some stores are forced to close, and because of a lack of post-Sandy buying. |
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