One thing about capturing the home front during a pandemic is that it allows consumers to see for a while where they are spending time and then decide to open their wallet to make themselves more comfortable. The category for home delivery supply warehouses, which includes Lowe’s LOW, + 2.63% …
Read More »
Shoppers may just count on end-of-summer offers and promotions after school this time of year, but the coronavirus pandemic has thrown the retail calendar out of the way, making year-over-year comparisons difficult. “Changes in expenditure on school / college are the latest factor comparison compared to last year. We are …
Read More »
Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
Read More »
Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
Read More »
Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
Read More »