1. Channel: Home Improvement

Here’s why Home Depot and Lowe’s are booming in a housing market bust

Written by Posted on Less than 0 min read

Lowe’s and Home Depot are faring well even as the housing market is going through a rough patch.

View Original Article
Member since
CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people per month across all platforms. https://www.cnbc.com
Do you like CNBC's articles? Follow on social!

More from CNBC

  1. Holiday & Events

Online shopping for holidays exceeds 2020 pandemic high, CNBC economic survey shows

​[[“value”:”After a two-year slump below its pandemic high, online shopping made a comeback this holiday season.”]]  View Original Article COVID19 Holiday & Events Thick Data Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed […]
< 1 min read
0
  1. Holiday & Events

Black Friday means deep discounts for shoppers — and intense pressure for retailers

Black Friday weekend will take on additional importance this year after retailers like Target and Macy’s reported a recent lull in sales. View Original Article Shoppers Holiday & Events Target Marketing: Trade Pricing & Promotions CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Holiday & Events

Holiday shoppers are getting an early jump on the season, but student loan payments weigh heavily

​October is expected to be a particularly big month for holiday shopping, just as student loan borrowers face their first bill in more than three years.  View Original Article Shoppers Holiday & Events CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Department: Consumer Durables

Anti-Defamation League urges Adidas to sever ties with Ye’s Yeezy

The rapper and designer has in recent weeks made several degrading remarks about Jewish people and targeted his business partners with public threats. View Original Article Partnerships Dept. Apparel CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Corporate Finance

Jim Cramer’s Investing Club meeting Thursday: Buy Disney, Salesforce downgrade, Costco earnings

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET. View Original Article Costco Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Merchandising

Stitch Fix shares sink after company announces layoffs, offers weak guidance

Stitch Fix is laying off 15% of salaried positions within its workforce, mostly in corporate roles and styling leadership positions. View Original Article Associates Pricing & Promotions CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Trends & External Forces

Foot Locker shares sink after retailer says 2022 sales will fall as it expects to sell fewer Nike products

Foot Locker shares are tumbling after the retailer forecast revenue to drop in 2022. View Original Article Predictions and Forecasts CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than 355 million people […]
< 1 min read
0
  1. Channel: Mass

Walmart reports big earnings miss as higher costs, supply chain eat into profits

The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory levels weighed on the company’s profits. KEY POINTS Walmart missed earnings expectations for the fiscal first quarter, as the retailer felt cost pressure from fuel prices, higher inventory levels and overstaffing. The nation’s largest retailer on Tuesday raised its sales […]
3 min read
0
  1. Channel: Ecommerce & Digital

A first look at Amazon’s new delivery drone, slated to start deliveries this year

After years of slow progress, Amazon says it’s ready to deliver orders under five pounds in less than an hour, dropping them from its 5-foot hexagonal drone. View Original Article Editor's Choice Delivery Amazon CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides […]
< 1 min read
0
  1. Channel: Restaurants

Chipotle earnings crush estimates as restaurant traffic grows 7.4%

Chipotle blew past earnings estimates and topped revenue expectations as it said traffic grew 7.4%. View Original Article Results & Investment Store Location Restaurants CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more […]
< 1 min read
0
  1. Operations & Supply Chain

What really happens to Amazon returns

Returns are at a record high as online shopping booms. Now Amazon is trying to destroy less inventory with new options to refurbish, resell and liquidate items. View Original Article Amazon Operations & Supply Chain Returns CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news […]
< 1 min read
0
  1. Corporate Finance

Gap withdraws 2022 financial outlook as Old Navy sales fall in second quarter

Gap withdrew its financial outlook for the year after its second-quarter sales fell from a year ago and it works to fix its struggling business. View Original Article Editor's Choice Results & Investment CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time […]
< 1 min read
0
  1. Shopper & Customer

As the market enters correction territory, don’t blame the American consumer

​[[“value”:”From Amazon to auto sales and new homes, the consumer is spending more and holding up better than the market selloff suggests.”]]  View Original Article Consumers Dept. Nonfood Amazon CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and […]
< 1 min read
0
  1. Media & Marketing

Peloton partners with TikTok to offer short-form fitness classes, other content

Peloton is partnering with TikTok as part of its larger strategy to change its public perception and attract a broader array of customers. View Original Article Marketing: Social Media Partnerships Health & Wellness TikTok Strategy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and […]
< 1 min read
0
  1. Channel: Mass

Walmart will report earnings before the bell. Here’s what to watch

​The discounter’s report comes after Home Depot and Target reported weaker sales trends. View Original Article Target Walmart Results & Investment Home Depot CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content consumed by more than […]
< 1 min read
0
  1. Associates & Employees

Starbucks union asks coffee giant to extend pay hikes, benefits to unionized stores

With pay hikes set to kick in at Starbucks cafes around the U.S., labor organizers are asking the coffee giant to extend the benefits to unionized stores as well without going through the bargaining process. View Original Article Associates Dept. Beverage Brick and Mortar Restaurants CNBC Member since October 25, 2020 Loading + Follow Following […]
< 1 min read
0
  1. Channel: Ecommerce & Digital

Amazon’s big Prime Day sale runs July 12 and 13

The event is also a big revenue driver for other retail sites, which often offer competing discounts to consumers. View Original Article Consumers Holiday & Events Amazon Marketing: Trade Pricing & Promotions CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial […]
< 1 min read
0
  1. Associates & Employees

Main Street’s labor problem is weighing on business owners as summer hiring picks up

​[[“value”:”Small business owners are concerned about hiring this summer, as factors including inflation, child care and housing make for a difficult market.”]]  View Original Article Associates Economy CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage and business content […]
< 1 min read
0
  1. Operations & Supply Chain

GM second-quarter sales increase 18.8% as supply chain stabilizes

​[[“value”:”Auto industry forecasters project industry sales to have increased 16% to 18% during the second quarter compared to a year earlier.”]]  View Original Article Operations & Supply Chain Dept. Nonfood CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market coverage […]
< 1 min read
0
  1. Corporate Strategy

Retail CEO turnover soars, and fewer women hold top jobs in the industry

CEO turnovers are spiking, and rising in the retail industry in particular — but the sector is rarely hiring women for its top jobs. View Original Article Executives Editor's Choice Associates CNBC Member since October 25, 2020 Loading + Follow Following CNBC is the recognized world leader in business news and provides real-time financial market […]
< 1 min read
0
Next