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Home Depot CEO Ted Decker blamed high interest rates and economic uncertainty for causing consumers to grow more cautious. "During the quarter, higher interest rates and greater macro-economic ...
It now expects same-store sales to fall between 3% to 4% compared to a prior forecast calling for a 1% decline. Management said the low end of its guidance assumes additional pressure on consumer ...
May 14, 2024 at 1:24 PM. Home Depot's sales continued to soften in the first quarter as the nation's largest home improvement retailer was not only constrained by high mortgage rates and higher ...
Just for Feet – bankrupt in 1999, acquired by Footstar, final stores closed in 2004. MC Sports – filed for bankruptcy and closed in 2017. Modell's Sporting Goods – first store opened in 1889. On March 11, 2020, the company filed for bankruptcy, and announced it would close all 115 stores.
The Home Depot, Inc. The Home Depot, Inc. is an American multinational home improvement retail corporation that sells tools, construction products, appliances, and services, including fuel and transportation rentals. Home Depot is the largest home improvement retailer in the United States. [ 4] In 2021, the company had 490,600 employees and ...
Builders Square. Builders Square was a big-box home improvement retailer headquartered in San Antonio, Texas. [ 1] A subsidiary of Kmart, its format was quite similar to The Home Depot, Menards, and Lowe's with floor space of about 100,000 square feet (9,300 m 2 ), [ 2][ 3] and inventories in excess of 35,000 different items. [ 4]
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