Home Depot Inc. said Tuesday the home-improvement market could weaken this year, if consumer spending keeps shifting toward services from goods, and if inflation continues to affect demand. The home-improvement giant HD, -7.06% expects fiscal 2023 net sales and same-store sales to be about flat with last year, however, because […]
Declining
The sudden drop in consumer demand after more than a year of explosive buying has caught many in the furniture industry flat footed and left retailers and manufacturers with excessive inventory challenges. While the industry is universally affected, the impact varies greatly from one retailer to another and from one […]
