Home Depot Hits All-time High As Appliances Drive Sales – Bloomberg

While Home Depot and Lowes have benefited from the housing rebound, retailers that sell basic goods and apparel are struggling as lackluster wage gains restrain spending by middle-and low-income consumers. Discounters Wal-Mart Stores Inc. and Target Corp. as well as department-store chain Macys Inc. http://www.bloomberg.com/news/2014-08-19/home-depot-profit-tops-estimates-as-seasonal-sales-gain.html

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