FINANCE

Lowe’s Cos. posted a strong fourth quarter that topped analysts’ estimates amid the ongoing real estate boom that continues to fuel demand for home renovation and upgrading projects.

An upbeat Macy’s reported a strong end to a solid year and said it is accelerating its turnaround plans, including the expansion of its off-mall, smaller format stores.

The Home Depot reported another strong quarter and forecast continued sales growth in its new fiscal year.

Consumer confidence in February fell for the second consecutive month as consumers remained somewhat pessimistic about the economic outlook for the coming months.

Klarna is opening the waitlist for its Klarna Card payment card to U.S. consumers.

Walmart reported fourth-quarter earnings and sales that beat estimates on the heels of strong holiday results and increased traffic to its stores and e-commerce site.

Retail sales growth will start to normalize this year even as inflation shakes stores as well as shoppers.

E-commerce sales in the United States are set to hit an important new record in 2022 amid a spending shift to mobile.