Home Improvement Chain Lowe’s CEO to Retire, Shares Rise
U.S. News & World Report–Mar. 26, 2018
The No. 2 U.S. home improvement store has struggled to control margin pressures and its same-store sales growth has trailed Home Depot’s for many years, weighed down by a focus on do-it-yourself customers compared to Home Depot’s core customer base of professional contractors who bill more.
Buyer Demand Still Outpacing Supply of New Jersey Homes for Sale
TAPinto.net–10 hours ago
We all know the supply of an item, as well as market demand for an item, determines its price. The National Association of REALTORS (NAR) surveys “over 50,000 real estate practitioners about their expectations for home sales, prices and market conditions” for their monthly REALTORS Confidence Index.
Minneapolis Star Tribune
South Carolina Shoplifting Suspect Dies After Chase, Wreck
U.S. News & World Report–Mar. 27, 2018
… has been charged with felony driving under the influence involving death. It was not known if he has an attorney. The chase came after employees at a homeimprovement store saw the suspects trying to steal. Copyright 2018 The Associated Press. All rights reserved. This material may not be published, …
A ‘Dead’ Home-Equity Tax Deduction Sees New Life Thanks to the IRS
Bloomberg–Mar. 19, 2018
The legislation signed by Trump in December appeared to eliminate the deduction taxpayers get for the interest owed on home-equity loans, spooking the home remodeling industry whose customers often rely on the loans for projects. But after prodding from lobbying groups, the Internal Revenue Service …
Lowe’s Is Getting Trounced by Home Depot
U.S. News & World Report–Feb. 28, 2018
Despite a booming home improvement business in the U.S., Lowe’s has consistently struggled to keep pace with its primary competitor Home Depot Inc (HD), … Earlier this month, Home Depot reported both earnings and revenue beats and said its same-store sales grew by 7.5 percent in the fourth quarter.
Defining Moment for Dictionary.com: It’s For Sale
Wall Street Journal–Mar. 26, 2018
The company is projecting approximately 15% revenue growth for the sites in 2018, the people said. The two sites are a small piece of IAC, which generated overall revenue of $3.3 billion in 2017, driven primarily by its interests in online dating services such as Match and Tinder, and its home improvement …
Jim Cramer: Is Lowe’s Now the ‘Papa John’s’ of Home Improvement?
TheStreet.com–Feb. 28, 2018
Is hardware down? How about flooring? Kitchen and bath? Are people done investing in their homes? Or are they done shopping at Lowe’s and Home Depot (HD) has at last pulled away from it so strongly that we have something similar to what happened in pizza last night with Papa John’s (PZZA) versus …
Home Depot Stock Is Poised for a Big Move
U.S. News & World Report–Mar. 13, 2018
The home improvement business has been one of the few bright spots in a weak U.S. retail environment in recent quarters, and the latest data from Bank of America suggests that trend continued in February. Bank of America analyst Elizabeth Suzuki says Home Depot Inc (NYSE: HD) remains the top stock …
Miserable Retailers Should Cheer Up. This Is the Nadir
Bloomberg–Mar. 21, 2018
The circumstances set in train by Britain’s vote to leave the European Union 18 months ago are hitting home for U.K. retailers. … Its little wonder then that homeimprovement chain Kingfisher Plc reported a sales slowdown on Wednesday, and it said that the outlook for the U.K. remained uncertain.
Kirsten Grind’s Pattern of Errors, Omissions, & Imbalance in …
CleanTechnica–Mar. 19, 2018
A new analysis by CleanTechnica of Wall Street Journal reporter Kirsten Grind’s series of six articles on the popular, energy-efficiency home improvement finance program known as PACE (Property Assessed Clean Energy) raises significant questions of accuracy and balance. In Ms. Grind’s over 6,700 …
Be the first to comment on "Home Improvement Chain Lowe’s CEO to Retire, Shares Rise"