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Home Depot beats Street in Q3
The Home Depot on Tuesday reported sales and earnings for its third quarter that exceeded forecasts. The world’s largest home improvement retailer posted a double-digit increase in earnings during the quarter, which it characterized as a balanced across-the-board period of growth. Net sales jumped 6.1% to $23.2 billion, compared to $21.8 billion in the same quarter last year. Comparable-store sales in the U.S. increased 5.9%. -
Ikea partners with Red Cross to give customers unique window into Syria
Ikea has brought the horrors of the Syrian civil war home to customers at its flagship in Slependen, Norway. In a joint fundraising effort, the Swedish home furnishings giant, in partnership with the Norwegian Red Cross, has recreated the small, unfurnished apartment of a Syrian mother and her children in the middle of the store. The space is based on a real-life apartment in Damascus, according to CNN.

