Tough spring weather and weaker lumber prices contributed to a mixed quarter at Lowe’s Cos., yet one in which the company managed to exceed Wall Street expectations. Net earnings were $2.26 billion, or $3.77 per diluted share, versus $2.33 billion, or $3.51 per...
Although rough and cool weather in major markets across much of the United States this spring might have put plans back a few weeks, consumers are preparing their outdoor spaces for the warmer months while also considering home improvement projects at a time when they...
The Mastercard SpendingPulse 2022 holiday season forecast calls for a 7.1% year-over-year gain U.S. retail sales, excluding automotive. Mastercard noted the 2021 holiday season represented a retail resurgence, with sales up 8.5% as pandemic induced pent-up demand,...
Mastercard SpendingPulse identified July as a good month for e-commerce, amid major promotional events such as Amazon’s Prime Day. According to the ongoing SpendingPulse study, which measures in-store and online sales across all forms of payment, retail spending...
According to Adobe, online inflation ticked down in June to 0.3% on an annual basis and dropped 1% month-over-month even as grocery prices continue to increase. Consumers spent $74.1 billion online in June, up 1% year over year, Adobe reported. Consumers spent more...
