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In this March 22 file photo, customers wearing masks walk into a Lowe's home improvement store in the Canoga Park section of Los Angeles. Lowe’s move to revamp its outdated online business in recent months paid off during the first quarter, as shut-in shoppers shifted to its online services for supplies for their do-it-yourself home projects during the pandemic.
Lowe's Overhauled E-Commerce Pays Off
The nation's second-largest home improvement retailer said Q1 online sales increased 80 percent.
May 20th, 2020
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Virus Measures Weighed on Home Depot in Q1
Added compensation, benefits and waived co-pays for employees set the retailer back by $850 million in pre-tax expenses.
May 19th, 2020
In this Nov. 4, 2019, file photo construction equipment made by Caterpillar are readied for export to Asia at the Port of Tacoma in Tacoma, Wash. Caterpillar Inc. reports financial results Friday, Jan. 31, 2020.
Caterpillar Profit Tumbles
The equipment manufacturer has been deemed essential, but profits still took a massive dive.
Apr 28th, 2020