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...By contrast, Home Depot suffered a 3 per cent decline in full-year revenues as its retail customers put off big DIY projects. Rival Lowe’s reported an even steeper 11 per cent drop in annual sales....
...This capital markets primacy, he argues, would create the best opportunity for two ambitious projects, retirement funding and decarbonisation, to be successfully fulfilled....
...He testily refused to comment this week on reports that the ambitious Model 2 project — which called for a new “revolutionary manufacturing system” at factories in Texas and Mexico — had been scrapped so...
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...The project has long faced opposition from environmentalists....
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