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 Amazon.com 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

No comments: