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With Sears largely out of the picture amid a long-awaited bankruptcy, home improvement retailers such as Home Depot and Lowe's are poised to clean up.
Shares of Home Depot (NYSE: HD) were moving higher today after the core Consumer Price Index (CPI) was lower than expected for December. The news lifted stocks broadly, as falling inflation is ...
Trump's victory could derail a potential housing recovery.
When housing-related names all fall in tandem, it's likely a sign of something going awry with either one major name, or more generally with consumer confidence and/or inflation and interest rates.
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On February 7, 2019, a bankruptcy judge approved a $5.2 billion plan by Sears’ chairman and biggest shareholder to keep the iconic business going. The approval means roughly 425 stores and 45,000 jobs will be preserved. [58] As a result, the retail business has emerged into Transform Holdco LLC.
The picture was similar for home improvement retailer The Home Depot, which also reported disappointing fourth quarter results and said it was in for a challenging 2023. Shares slid 7.1%.
This is an accepted version of this page This is the latest accepted revision, reviewed on 26 January 2025. American multinational home improvement supplies retailing company The Home Depot, Inc. An aerial view of a Home Depot in Onalaska, Wisconsin Company type Public Traded as NYSE: HD DJIA component S&P 100 component S&P 500 component Industry Retail (home improvement) Founded February 6 ...