Walmart raises outlook as food, online sales boom
Walmart shoppers are doing just that, shopping across the board, which allowed the world's biggest retailer to raise its full-year outlook for profits and sales.
Home Depot customers go big on smaller projects
Home Depot reported second quarter earnings slightly ahead of predictions on Tuesday, despite posting a drop in sales amid slowing demand for larger item purchases and building projects.
Home Depot, Target and Walmart earnings; retail sales, oil inventories in week ahead
Retailers Home Depot, Target and Walmart will headline the companies slated to report quarterly results this week. Mortgage applications data will also be released.
Tyrese Gibson sues Home Depot for $1M, cites violation of civil rights act
Tyrese Gibson and two associates filed a lawsuit against The Home Depot alleging "discriminatory treatment" and "racial profiling" stemming from a February incident.
Connecticut man allegedly cheated Home Depot with $300,000 door-return scam
A Connecticut man is accused of defrauding Home Depot stores of nearly $300,000 with a no-receipt return scheme involving stores in at least eight states.
Frigidaire recalls washer-dryer combination units citing fire risk
The U.S. Consumer Product Safety Commission has announced a recall of Frigidaire products including certain washer-dryer combination units, as they are potentially fire hazards.
Home Depot DIY customers and pro shoppers more cautious
Home Depot's revenue missed expectations Tuesday. However, the home improvement retailer noted that fiscal 2023 was going to be a year of moderation after years of unprecedented growth.
2M Cosori air fryers recalled over fire, burn hazards
The Consumer Product Safety Commission posted an alert about two million Cosori air fryers. The notice comes following more than 200 reports that claimed they were overheating and catching fire.
Home Depot boosts pay for hourly workers
Home improvement giant The Home Depot announced it is investing another $1 billion to raise pay for its frontline hourly workers, with minimum starting pay at $15 an hour.
Home Depot warns of weak 2023 profit as rising prices hurt demand
Demand for home improvement tools such as paint and flooring is now cooling as consumers cut back spending, setting the company up for a challenging 2023.
Home Depot co-founder warns the 'woke generation' is ignoring the economy's 'bottom line'
Home Depot co-founder Bernie Marcus calls out the "woke" generation fueling a "socialistic society" instead of focusing on improving the economy's "bottom line."
Home Depot soon changing how it pays hourly employees
Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees next week. The move was first reported by Business Insider.
Home Depot says it continues to fight crime 'on all fronts' after elderly worker dies
The Home Depot says it is "outraged" after discovering that one of its elderly workers died from injuries sustained when a suspect allegedly shoved the man while stealing products.
Retailer earnings, economic reports, reviewing last week's markets and more: Monday's 5 things to know
Tuesday will see the release of key economic reports to help investors gauge the US economy, including the release of October's Producer Price Index.
The Home Depot Foundation surprises veterans with rental, mortgage payments
The Home Depot Foundation is surprising 1,000 veterans across the nation Friday with rental and mortgage payment assistance for the month of December.
Philadelphia Home Depot workers reject first storewide union in vote
Home Depot workers in Philadelphia voted 165 to 51 against forming the first store-wide labor union at the world's largest home improvement retailer on Saturday night.
Home Depot workers push first storewide union
Workers at a Home Depot in Philadelphia filed a petition Monday to unionize, according to records on the National Labor Relations Board website.
Disney CEO pushes back at DeSantis, Buttigieg praises no gas cars plan and more: Monday's 5 things to know
Bob Chapek pushed back against Florida Gov. Ron DeSantis' push to ban discussion of sexual or gender identity in young students' classrooms and more economic reports kick off Monday.
Home Depot beats quarterly comparable sales estimates
The largest U.S. home improvement chain's comparable sales rose 5.8% for the second quarter, while analysts had expected a 4.9% growth, according to IBES data from Refinitiv.
Home Depot’s 12-foot $300 skeleton is back in stock for Halloween
Home Depot has brought back its 12-foot skeleton ahead of Halloween, along with new giant offerings — including a 12-foot witch and a 9.5-foot werewolf. Here are the latest details.