Monday, August 15, 2016

Amazon barely makes dent in DIY stores' sales

Image result for home depot storeDo-it-yourself chains Home Depot Inc. and Lowe's Cos. appear to have built a retail oasis mostly walled off from the reach of online behemoth Inc.

Their uniqueness in the retail landscape will be driven home next week as the two chains report second-quarter earnings. Analysts project sales at existing stores will rise 4.8% at Home Depot and 4% at Lowe's, according to data provider FactSet. That would mark the eighth straight quarter of at least 4% year-over-year growth for each company.. . . more

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