Snap: grocers, home improvement busy post-Irene
News from Forbes:

NEW YORK — Grocers and home improvement retailers are some of the companies that may see continued business growth in the wake of Tropical Storm Irene’s departure, an analyst said Tuesday.

As Irene aimed for the East Coast, consumers ran out to pick up emergency supplies like food, water, batteries and generators, a boon to stores where they shopped.

Citi ( C – news – people ) Investment Research analyst Deborah Weinswig says consumers will probably continue to stock up on goods this week as they recover from the storm’s battering over the weekend.

“We expect consumers to replenish supplies in the coming wee…………… continues on Forbes
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Related News:

New home improvement chain Masters planning a price war
News from Herald Sun:

Home improvement chain Masters is planning an agressive marketing campaign. Source: Herald Sun

NEW home improvement heavyweight Masters is plotting a price war on everything from hammers and spanners to chandeliers and designer kitchens for a slice of the $ 42 billion market.

And for items such as washing machines and fridges, it has vowed to take on both traditional and online rivals with low everyday prices, saying women in particular are sick of haggling for appliances.

The venture between Woolworths and US partner Lowe’s will extend the supermarket stoush over milk and bread to hammers and nails, pitting Masters agains…………… continues on Herald Sun

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