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"Newness" is enticing inflation-weary consumers to spend

Aug 21, 2024
Retail giant Target appears to be banking on refreshed product lines, which can make shopping feel more like a treasure hunt.
New products, when marketed well, can entice wallet-wary shoppers to spend.
Spencer Platt/Getty Images

Home Depot CEO cites "macroeconomic uncertainty" in earnings report

Aug 13, 2024
The company says customers are deferring big renovation projects because of high interest rates and economic worries.
When consumers spend less because they’re concerned the economy might not do so well, that can cause the economy to not do so well.
Brandon Bell/Getty Images

Major retailers lower prices as competition heats up

May 23, 2024
Target and Walmart are among the outlets competing for the dollars of consumers who may have reached the limit of what they will pay.
"We've made price cuts on 1,500 frequently shopped items," Target CEO Brian Cornell told investors.
Joe Raedle/Getty Images

Why home improvement retailers are going after pro contractors

May 21, 2024
Lowe’s reported that first quarter sales are down from the same period last year, but spending by professionals is up.
About 25% to 30% of Lowe’s sales are to professional contractors.
Spencer Platt/Getty Images

Earnings calls are boring by design

Oct 21, 2022
Yes, they really are that boring on purpose.
Quarterly earnings calls are notoriously monotonous and carefully worded in order to avoid misleading investors.
Getty Images

Amid dismal demand, Uber and Lyft seek road to a profitable future

May 6, 2020
Uber and Lyft both have quarterly earnings call this week.
A driver's sign says Uber and Lyft owe him money. The rideshare companies have been forced to downsize.
Mario Tama/Getty Images