Home Depot Reports Sales Continue to Surge

Home improvement retailer Home Depot (NYSE:HD) announced strong sales and income growth in its third-quarter earnings report Tuesday. It also said that increased compensation made to frontline and hourly associates during the pandemic will be made permanent, adding about $1 billion in annual spending.  Home Depot reported a comparable stores […]

Retail Sales Surge Again

Retail and food service sales surged for a second month, up 7.5% in June after an 18.2% jump in May, as many states came close to fully reopening their economies. The largest sales increases were seen in clothing (105%), electronics and appliances (37%), furniture (32%), sporting goods (27%), department-store sales […]