Financial losses continue for Smithfield businesses recovering from Matthew
Many retailers are counting on a busy holiday shopping season to take their profits into the black. But for business owners hit hard by Hurricane Matthew, the holidays only mean more money down the drain.
Posted — UpdatedOxbay has been forced to temporarily close its online store, and the losses heading into the holidays are adding up.
“Just a ballpark 2 to 2.5 million dollars, and now we’re faced with trying to make that up somehow,” Harris said. “It’s going to take a while, but like I said there is a next year so that’s a good thing.”
Harris said the Smithfield company is working hard to rebuild, and he said there is no there’s no doubt in his mind they will survive this.
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