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Home Depot Sees Fewer Large Purchases From Customers, Citing 'Macro Uncertainty' Over High Interest Rates - RetailWire

Summary by retailwire.com
The Home Depot is struggling to reverse “concerning customer behavior,” according to TheStreet reporter Patricia Battle — namely, a decline in shoppers willing to spend on big-ticket discretionary items from its warehouse aisles. Regardless of Home Depot’s Q1 2025 earnings report illustrating a U.S. comparable sales growth figure of 0.2%, Placer.ai was quoted by Battle as recording a more significant 4.2% year-over-year fall in visits per locati…

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retailwire.com broke the news in on Thursday, May 22, 2025.
Sources are mostly out of (0)