Tag Archives: big box

The Home Depot, the world’s largest home center chain, ended 2014 with sales of more than $83 billion — growth that reflects changes to the company’s business strategies. For example, the 2014 comp-store sales increase of 5.3 percent shows the results of Home Depot’s rededication …

Last week, Lowe’s announced it would be actively phasing out and eliminating neonicotinoid pesticides, which are considered a leading contributor to global bee declines, from its stores. Neonicotinoid pesticides, also known as neonic pesticides, are sold to boost yields of staple crops …

Target is slated to close the last of its Canadian stores by Sunday as part of the company’s exit from the country. The chain announced in January that it would leave the Canada market this year, closing all 133 stores and …

Consumers who were victims of the Target data breach of 2013 may soon receive compensation for any financial losses they faced. On Thursday, March 19, a judge gave the preliminary approval for a $10 million settlement of a lawsuit filed by customers of Target, …

The corporate structure of Target has been shaken this week as the company makes efforts to cut costs. On Tuesday, March 10, Target announced it was laying off 1,700 employees from its Minneapolis headquarters, according to an article in The New-York …

Less than two months after announcing it was closing all of its Canada stores, Target Corp. has committed to more cuts: U.S. corporate jobs. The Minneapolis-based retailer’s goal is to reduce costs by $2 billion over the next two years to …

Lowe’s reported sales increases for its fourth quarter of 2014, as well as for the fiscal year. The year’s sales were $56.2 billion, a 5.3-percent increase from 2013. Fourth-quarter sales totaled $12.5 billion, which was an increase of 7.3 percent from the …

An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …