Business Briefs: Home Depot, Uber, TargetPosted: Updated:
The late start to the spring season hurt Home Depot's sales. The retailer released its quarterly earnings before the Opening Bell Tuesday. Home Depot saw a rise in revenue, but same-store sales fell over 4 percent. The CEO called the sales decline a "garden story," driven by poor performance of its garden business.
Uber is giving riders another tool to fight back against unsafe drivers. The company announced it will change its policy to allow sexual harassment and assault claims be fought in court, instead of through mandatory arbitration. The news comes after a CNN investigation found more than 100 Uber drivers were accused of harassing clients over the last four years.
The delivery wars are heating up. Target is slashing its fee for next-day delivery in half, in a move to keep up with competitors Walmart and Amazon. Shoppers will now pay a $3 fee to have household items delivered, and store credit card holders won't pay any fee at all. Target is making the change as shoppers have become increasingly accustomed to speedy delivery through Amazon Prime.