Costco's CFO discusses competition among retailers The down economy has caused a major shift in consumer spending. As shoppers cut back on how much they spend, they've become much more selective about where they spend those dollars — looking specifically to retailers ...
<div id="subtitle">Communities confront 'ghostbox' buildings when big-box retailers leave</div><div><p>Hundreds of anxious shoppers watched as city officials used power saws to cut 2-by-4s during Home Depot Inc.'s ribbon-cutting ceremony for its 102,700-square-foot building center in Bismarck. Less than three years later, the home ...
<div><p>Wall Street's spectacular run has hit a speed bump, with investors pausing to digest gains and pondering how far the rally can go in an economy showing signs of recovery along with lingering weakness.</p><p> The main stock indexes pulled back from a ...
<div><p>NEW YORK (Reuters) - U.S. stocks could extend last week's retreat after a four-week advance as the earnings season winds down and investors search for signs that consumer spending will help sustain an economic recovery.</p><p>Fewer than 50 Standard & Poor's 500 companies ...
<div><p>BANGALORE (Reuters) - Lowe's Cos <LOW.N>, the No. 2 U.S. home improvement chain, curbed its expansion plans and forecast worse-than-expected results in the third quarter as recession-weary consumers put off big renovations, sending its shares down more than 11 percent.</p><p>The forecast ...
<div id="subtitle">Home Depot 2nd-quarter profit falls on closing of Expo business but beats Street, ups outlook</div><div><p>Home Depot Inc. on Tuesday that its fiscal second-quarter profit fell 7 percent, as consumers continued to shy away from bigger purchases, but cost cutting and sales ...
<div><p>BANGALORE (Reuters) - No. 1 home improvement chain Home Depot Inc <HD.N> is banking on a slow-but-steady growth strategy and cost cuts to fight lackluster demand for big-ticket remodeling projects.</p><p>The world's largest home improvement chain posted a better-than-expected quarterly profit and raised ...
<div><p> About 52,000 Homelite, Husky and Black Max brand generators are being recalled. The fuel gauge can leak excessive amounts of gasoline, posing a fire hazard to consumers. </p><p>This recall involves Homelite and Husky brand generators sold exclusively at Home Depot stores ...
<div><p> Ten-inch Ridgid table saws sold at Home Depot are being recalled. The table saw’s arbor shaft can fail when used with a stacked blade set (commonly known as a “stacked dado set”), which is used to cut grooves. The stacked blade ...
<div><h1>FIXING UP THE HOUSE </h1><p>Analysts who believe the worst of the housing slump has passed are pounding the table for Home Depot (HD), now at 27.21 a share, and Lowe's (LOW), 22.81. Both are huge in the building materials and home improvement ...
