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Justin Sullivan/Getty Images Home Depot and Lowe’s are using chatbots to mimic in-store help, but that’s still a work in progress.
Justin Sullivan/Getty Images It’s the first time the home improvement retailer posted gains in two years. This is partly because homeowners are renovating instead of shopping for a new home.
Marvin Joseph/The Washington Post via Getty Images The home improvement retailer’s third-quarter sales came in higher than expected, but the company is seeing caution among consumers.
Brandon Bell/Getty Images The company says customers are deferring big renovation projects because of high interest rates and economic worries.
Spencer Platt/Getty Images Lowe’s reported that first quarter sales are down from the same period last year, but spending by professionals is up.
Brandon Bell/Getty Images The home improvement company is buying SRS Distribution, a roofing, landscaping and pool construction supplier, for $18 billion.
Justin Sullivan/Getty Images When people buy new homes, they buy a lot of other things too, like furniture, appliances and electronics. When home buying slows, that can have a real ripple effect on other industries.
Mario Tama/Getty Images Retail sales were up 3% in January from the month before, but some categories — like building supplies — were mostly flat.
Justin Sullivan/Getty Images Walmart customers are thinking about rising prices. Home Depot customers are thinking about rising interest rates.
Mandel Ngan/AFP Getty Images Among the beneficiaries: Lowe’s and Home Depot.