Saks said it lost more than expected in the third quarter amid job losses on Wall Street and stock market turmoil, while Home Depot said quarterly profit sank 31 percent on slow sales.

Home Depot, the home improvement retail chain, reported a 31 percent drop in quarterly profit as consumers put off big-ticket projects amid a deepening economic crisis.

When you think about it, the sports business in this country is dominated by self-made men looking for mountains to conquer.

With the housing market in the doldrums and inflation running at a pace unseen in nearly two decades, consumers are not buying new homes. Instead they are focusing on repairs.

The nation’s largest home improvement retailer is reiterating its downbeat outlook for the year as it struggles with a weak home market.

The nation’s largest home improvement retailer is reiterating its downbeat outlook for the year as it struggles with a weak home market.

Home Depot’s move will create the nation’s most widespread recycling program for the energy-saving bulbs, which have to be properly disposed of since they contain small amounts of mercury.

Home Depot and Target both reported lower earnings, which they said were linked to the weak economy and battered housing industry.

Lowe’s, the second-largest home improvement chain behind Home Depot, cut its forecast for full-year profit and sales and said earnings for the current quarter would trail the year-earlier level.

The home improvement chain announced that it was dropping plans to open 50 stores and would close 15 poorly performing locations.