Unwrapping The Home-Improvement Big Boxes

Now that the "great retrenchment" in consumer spending has been going on for a couple of years, are shoppers itching to cast aside survivalist shopping at Wal-Mart (NYSE:WMT) and return to the likes of Home Depot (NYSE:HD) and Lowe's (NYSE:LOW) to buff up their houses? 

Although one quarter does not prove a thing, Home Depot and Lowe's both did something this week that they have not done in almost four years each - they posted positive same-store sales growth for a full quarter. Perhaps, then, this is the renaissance of two of America's most successful retail concepts.  

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