It may not feel like spring quite yet in northern climes like Chicago, but that isn’t stopping home improvement retailer Home Depot from gearing up for the crucial spring selling season. Investors may want to do the same.
(Randy Son of Robert/FLICKR)
BY DEB WEINSTEIN — MEDILL NEWS SERVICE
Recession pressures and near-term leases have led giant Costco Wholesale Corp. to shutter its two home furnishing stores. The Issaquah, Wash.-based retailer said the store closings in Kirkland, Wash., and Tempe, Ariz., will not affect company performance or be [...]
BY MARJORIE KORN, MEDILL NEWS SERVICE
Home Depot Inc. [[HD]] saw its net earnings tumble 24 percent for the second quarter of 2008 to $1.2 billion, or 71 cents per diluted share, from $1.6 billion, or 77 cents per diluted share this time last year. Despite its [...]