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Affluent Consumers Opt to Shop Small, Avoid Malls

affluent consumers

Spending growth at small businesses has outpaced big-box chains in the past two years and affluent consumers are contributing to the growth, according to Bloomberg. When consumers aren’t shopping online, they are seeking out businesses that provide personal connections and …

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The Latest on Home Depot’s Acquisitions

home depot

The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO …

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Amazon, Walmart Online Prices Closer Than Ever

acquisitions

A new study from financial data firm Market Watch finds that Walmart and Amazon’s online prices are closer than ever, Business Insider reports. The study, which tracked prices on Amazon and Walmart’s website, spanned 700 days. Walmart’s online prices were …

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Speller’s True Value Invests in the Community

community

Click the image above to view a full PDF. Casting the Right Spell Since the 1960s, the east side of Waterloo, Iowa, hasn’t seen very much economic activity other than restaurants and convenience stores. Allen Speller and his father, Wendell, …

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PMI, Consumer Confidence Make Gains

Click the image above to view a full PDF. The nation’s third-quarter 2017 consumer confidence levels rose nearly 20 percent over third-quarter 2016, indicating that consumers feel confident about the overall economy. Some regions ravaged by hurricanes showed measurable consumer …

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How Do Sales Compare for Your Big-Box Competitors?

public companies

Click the image above to view a full PDF. Third-quarter sales results are in for the public companies that are prime competitors for independent home improvement retailers, and only Sears continues to decline. Walmart—the United States’ biggest retailer, and the …

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