On the call: Costco CFO Richard Galanti

2010-03-03T11:00:25Z

<div id="subtitle">Costco's CFO discusses competition among retailers</div><div><p>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 that can offer the best deals. That led to increased competition among many stores.

Tuesday Morning (HD,SHLD,BRCD,INTC,ODP, SAFM,HSII, SAH)

2010-02-23T20:00:14Z

US futures are signalling a lower open for stocks, to the tune about a third of a percent. Home Depot (HD) beat earnings by 7cents, with...

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SAN RAFAEL, CA - FEBRUARY 23: A sign is posted in front of a Home Depot store February 23, 2010 in San Rafael, California. Home Depot reported better than expected fourth quarter earnings with profit of $342 million, or 20 cents a share, compared to a loss of $54 million or 3 cents a share one year ago. (Photo by Justin Su...

Retail results improve but consumers still wary

2010-02-23T12:17:26Z

<div><p>CHICAGO (Reuters) - For retailers that sell everything from toilet paper to refrigerators, 2010 may be more about winning sales from competitors than about getting consumers to buy a lot more of their merchandise.</p><p>Discounters like Target Corp <TGT.N&g...

Home Depot moves to a 4th-quarter profit

2010-02-23T10:17:50Z

<div id="subtitle">Home Depot moves to 4th-quarter profit as economy, housing market begin to stabilize</div><div><p>Improving sales of paint, flooring and plumbing show home owners are making a cautious return to basic do-it-yourself and home decor projects, Home Depot Inc. said Tuesday.</p><p>Cost-cutting and stronger sales drove its fiscal fourth-quarter profit higher, the largest

Home Depot profit beats Street; outlook strong

2010-02-23T05:30:37Z

<div><p>NEW YORK (Reuters) - Home Depot's <HD.N> quarterly results trumped estimates as demand for home renovations perked up, and the top home improvement chain forecast a fiscal-year profit above analysts' estimates.</p><p>The news from the top home improvement chain came a day after rival

Earnings Preview: Home Depot Inc.

2010-02-22T13:01:38Z

<div id="subtitle">Investors will look for signs of sales improvement in Home Depot's 4th-quarter results</div><div><p>Home Depot Inc., the largest U.S. home-improvement retailer, reports its fourth-quarter results before the stock market opens Tuesday.</p><p>WHAT TO WATCH FOR: Any sign of a resurgence in sales now that the housing ma...

Investors seek sales repair at Home Depot, Lowe's

2010-02-22T08:10:11Z

<div><p>NEW YORK (Reuters) - U.S. home improvement chains Home Depot &lt;HD.N&gt; and Lowe's Cos &lt;LOW.N&gt; must find a quick fix for their sagging sales to retain investor confidence in 2010.</p&...

Lowe's sees sales rising in 2010; shares up

2010-02-22T07:00:25Z

<div><p>NEW YORK (Reuters) - No. 2 U.S. home improvement chain Lowe's Cos <LOW.N> reported better-than-expected quarterly results and said sales would improve in 2010 as demand for remodeling projects picks up.</p><p>The company also said it wo...

Survey: Customers Staying Satisfied Through 2009

2010-02-22T09:06:39Z

<div id="subtitle">Retailers, financial services and e-commerce show improvement</div><div><p>Customer satisfaction with the goods and services that Americans buy remained strong in the fourth quarter of 2009, according to the American Customer Satisfaction Index (ACSI). </p><p>The index was virtually unchanged, dipping a mere 0.1 percent from the previous quarter -- to 75.9 on the ACSI's 100-point scale. It rem...

Home Depot laying off 1,000 employees: memo

2010-02-22T14:36:35Z

<div><p>NEW YORK (Reuters) - Home Depot Inc, the world's largest home improvement chain, is laying off about 1,000 employees, according to an internal memo obtained by Reuters, two days after warehouse club store Sam's Club said it would cut more than 11,000 jobs.</p...

Home Depot to lay off 1,000

2010-02-22T14:38:56Z

<div id="subtitle">Home Depot to cut 1,000 staffers as it consolidates jobs, ends some pilot programs</div><div><p>Home Depot Inc., the largest U.S. home-improvement retailer, said Tuesday it is laying off 1,000 staffers as it cuts three pilot programs and cuts some support positions.</p><p&...

Home Depot Layoffs

2010-01-26T12:17:15Z

FILE - In this May 18, 2009 file photo, an employee stocks the lighting section at a Home Depot store in Little Rock, Ark. Home Depot Inc., the largest U.S. home-improvement retailer, said Tuesday, Jan. 26, 2010, it is laying off 1,000 staffers as it cuts three pilot programs and cuts some support positions.(AP Photo...

Home Depot Recalls Dehumidifiers Due to Fire and Burn Hazards

2010-02-23T14:21:07Z

<div><p> The Home Depot is recalling about 2,000 Hampton Bay dehumidifiers. An internal component can fail causing the dehumidifier to overheat, posing fire and burn hazards to consumers. </p><p>Home Depot has received 18 reports of the dehumidifiers catching fire. One consumer reported a burn injury to his forearm. </p><p>The dehumidifiers ...

VCs eschew physical stores, focus on retail tech

2010-02-22T20:29:54Z

<div><p>NEW YORK (Reuters) - Venture capitalists were never very interested in the retail sector, but they are now taking a second look, focusing on a new generation of online retailers and the next wave of technology to help stores optimize how they run their businesses.</p><p>Despite a history of backing a few big names such as Reuters) - The heavy snowstorm that swept the East Coast of the United States over the weekend may have cost retailers the potential for any upside to holiday sales, industry experts said on Monday.</p><p>The storm forced store closures for several hours on Saturday and kept shoppers at home in major ...

Home Depot recalls dehumidifiers after fire reports

2010-02-23T14:32:31Z

<div><p>NEW YORK (Reuters) - Home Depot Inc is recalling about 2,000 dehumidifiers sold through May 2007 from November 2000 after getting reports of the appliances catching fire due to a faulty internal component.</p><p>The home improvement chain issued a voluntary recall of the devices -- used to reduce th...

Obama Energy Efficiency

2009-12-15T12:02:29Z

Rep. Jim Moran, D-Va., wears a Home Depot apron as he and others wait for President Barack Obama to speak at Home Depot in Alexandria, Va., Tuesday, Dec. 15, 2009. Moran sports crutches after undergoing double knee replacement surgery. (AP Photo/Su...

College FB Awards Football

2009-12-12T09:45:42Z

Heisman Trophy finalists from left, Stanford running back Toby Gerhart, Florida quarterback Tim Tebow, California s...

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