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Home Depot Reports Fourth-Quarter Sales Growth

Home Depot

An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …

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Consumer Perception of Brand Name and Generic Products

During the recession, many families had to tighten their budgets in a variety of ways, including buying less expensive, generic products. The lifestyle changes have had lasting effects on consumers because people have learned to price shop and found that …

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January Home Construction Up Year Over Year

Construction started on more homes in January than in the same month a year ago. The U.S. saw 1.07 million new housing starts in January, an increase of about 19 percent from January 2014, according to data from the National Association …

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Industry Awards Program Continues to Benefit Young Retailers

Two 2014 recipients of the North American Retail Hardware Association Young Retailer of the Year awards are continuing to see benefits of the honor. Hardware Retailing got in touch with past honorees James Coté, owner of Osterville House & Garden, and Zach Coblentz, …

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How The Big Boxes Rate On Reputation

Happiest Retail Employers

In a recent study, Lowe’s appeared in the top 20 of highly visible companies ranked by reputation. The big box retailer had the highest reputation quotient ranking among specialty retailers, according to the 2015 Harris Poll Reputation Quotient. The Harris study measures the reputations …

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Consumers Still Like Benefits Of In-Store Shopping

Consumers want their shopping experiences to be efficient, convenient and enjoyable — and while Internet stores offer them many benefits, they know physical stores still do, too. PwC’s international Total Retail Survey notes that the top three reasons worldwide that consumers make in-store purchases are not …

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2015 Prediction: Uptick In Retail Sales

November retail sales up

The National Retail Federation predicts that consumers will spend more money in 2015 than last year, with sales rising 4.1 percent. This expected increase would be the biggest sales uptick since 2011, the organization reports in a news release. “Already facing far fewer …

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