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