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How Do Disaster-Prep Stock-Ups Affect Supermarket Sales?…and more

How Do Disaster-Prep Stock-Ups Affect Supermarket Sales?

With every incoming hurricane or blizzard, thousands of people stock up on food, water, and supplies, just in case — leaving supermarket shelves depleted, if not empty. Is this big business for retailers, or just a blip on the radar? In this clip, Sean O’Reilly and Vincent Shen explain how these events measure up for companies both in the short and long term. Also, listen in to hear how Wal-Mart (NYSE:WMT) predicts what sells more during natural disasters…

 

Storm Henry sweeps in with 90mph gusts, in pictures

Storm Henry sweeps in with 90mph gusts, in pictures

Storm Henry sweeps in with 90mph gusts, in pictures

Schools have been closed and transport disrupted across Scotland as Storm Henry sweeps in with gusts of up to 90mph. Henry is the eighth winter storm and comes just days after the UK saw off Storm Gertrude, which brought gusts of more than 100mph in places as well as heavy rain and snow. The Met Office has issued amber “be prepared” alerts for wind covering Scotland from 3pm on Monday until Tuesday morning. Winds of 70-80mph are widely expected, while 90mph is possible in the most exposed areas, especially across the Western Isles and along the west coast. Gusts of 84mph…

 

Lesotho farmlands dry up as drought worsens

The government of the southern African nation of Lesotho has declared a national emergency as drought continues to hit farming communities. The World Food Programme (WFP) said hundreds of thousands of people will need food aid in the coming year. In the Leribe district of the country, Mapuleng Khalala, a farmer, packs away her empty corn bag as her crops fail to produce food for her family. “It is going to be very difficult to live…

 

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This entry was posted on 04/02/2016 by in Uncategorized and tagged , , , .

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