Thursday, April 19, 2018

This is the one retail category that doesn’t have too many stores

Marketwatch.com

The number of home improvement retail locations actually fell 1.1% year-over-year, according to UBS analysts, serving as one of the few examples of retailers who have a good handle on supply and demand when it comes to their fleet of stores.

Home Depot Inc. and Lowe’s Cos. Inc. account for about 45% of the subsector’s sales, with both expected to continue to show strength in the topline.

Analysts say that auto parts retailers like Advance Auto Parts Inc. and AutoZone Inc. are close to “saturation.”. . . more