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Tag: Home Depot Inc

‘Retail is changing by the day’

Retail is going through what can be considered a “golden age” as businesses adapt to a new landscape of connecting with consumers, “Shark Tank” star and serial entrepreneur Daymond John said Friday. Companies such as Home Depot are using the internet to their advantage to thrive, while others that lack the necessary technology are dying, the …

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Lowe’s is looking to hire 53,000 people for spring 2020

A Lowe’s employee walks through the store during the grand opening of the Lowe’s store in San Francisco, California. Getty Images Lowe’s is looking to hire at least 53,000 people ahead of the spring season, the home improvement retailer’s busiest time of year, the company said Thursday in a press release. That’s less than Lowe’s …

Lowe’s is looking to hire 53,000 people for spring 2020Read More

How Amazon changed America’s malls in the 2010s

Shoppers walk through the food court at the Easton Town Center Mall in Columbus, Ohio. Luke Sharrett | Bloomberg | Getty Images These days, in the country’s most upscale malls, it seems like shoppers are doing everything but perusing apparel. Consumers can play glow-in-the-dark mini golf at Simon Property Group’s Roosevelt Field in Garden City, …

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Key level to watch as stock mounts comeback

Home Depot shares could be building toward a breakout. That’s TradingAnalysis.com founder Todd Gordon’s latest call on the home improvement retailer’s stock, which has lost steam in the month after its most recent earnings report as shareholders worried about margin pressures, tied in part to the company’s $11 billion “One Home Depot” project meant to …

Key level to watch as stock mounts comebackRead More

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stock

An employee wears an orange Home Depot Inc. apron at a store in New York. Mark Kauzlarich | Bloomberg | Getty Images Buy the pullback and reset in growth expectations for Home Depot, said Credit Suisse. The firm upgraded shares of the home improvement retailer to outperform from neutral and raised its price target to …

Buy the pullback in Home Depot, says Credit Suisse as it upgrades the stockRead More

How Google uses A.I. to help boost profits from online shopping

Artificial intelligence can help businesses make more money from online shopping, Carrie Tharp, Google Cloud’s head of retail, told CNBC on Monday. “We’re helping retailers with Google A.I. to help drive their ability to do promotions, recommendations, improve their margins with dynamic pricing,” Tharp said on “Squawk Alley.” “So it’s really helping that retail C-suite …

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Costco’s website goes down on Thanksgiving, others also see outages

Shoppers walk past a placard that states “Black Friday preview” at a Macy’s store as pre-Thanksgiving and Christmas holiday shopping accelerates at the King of Prussia Mall in King of Prussia, Pennsylvania, November 22, 2019. Mark Makela | Reuters As online shopping becomes more popular over the Thanksgiving weekend, some retailers experienced outages amid the …

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Black Friday may not save retail, but some e-commerce plays are buys

Retail has had a rough year. One of the worst-performing groups in the stock market for 2019, retail stocks have had difficulty mitigating the effects of the ongoing U.S.-China trade war and consumers’ shifting shopping preferences, with names like Macy’s and Gap notching double-digit losses for the year. The SPDR S&P Retail ETF, also known …

Black Friday may not save retail, but some e-commerce plays are buysRead More

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earnings

Retail is set to reverse. That’s the call Mark Newton, founder and president of Newton Advisors, made Wednesday on CNBC’s “Trading Nation” after seeing the SPDR S&P Retail ETF (XRT), which tracks the sector’s top stocks, fall more than 3% week to date in the wake of weak earnings reports from Kohl’s and Urban Outfitters. …

Retail stocks to watch as Macy’s, Target, Kohl’s report mixed earningsRead More