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Todd Taber

Homebuying Is Spurring Remodeling Activity

homebuying remodeling

New information from the Home Improvement Research Institute (HIRI) demonstrates how a recent uptick in home sales has motivated a surge in home remodels. HIRI recently surveyed 800 homeowners who have purchased a home within the past 12 months to …

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Explore Q3 2020 Big-Box Financial Results

big box

In the past month, Home Depot, Lowe’s and Tractor Supply have all announced their third-quarter 2020 financial results. For all companies, sales in this period coincided with massive disruptions caused by COVID-19. Even amid retail volatility, the third-quarter 2020 financial …

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Engaging Customers Through Curbside Pickup

curbside pickup

Recently, the National Retail Federation (NRF) spoke with Ron Lutz, chief retail officer at strategy firm Miller Zell. Lutz discussed how retailers can truly engage customers, even during social distancing and curbside pickups, which have grown increasingly common for home …

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Lowe’s Records $22.3B in Q3 2020 Sales

lowe's q3 2020

Big-box home improvement chain Lowe’s has announced its third-quarter 2020 financial results, reporting $22.3 billion in sales for the quarter, about 28 percent higher than in the same period in 2019. Net earnings for Lowe’s amounted to $692 million, down …

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Channellock Completes Historic Plant Expansion

channellock

Pliers and hand tools manufacturer CHANNELLOCK® has completed a historic expansion of its Meadville, Pennsylvania, plant. In total, the project took about nine months to complete and is now fully operational. The expansion will allow the company to address increasing product …

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Home Depot Reports $33.5B in Q3 2020 Sales

Virtual spring career day

Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …

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Home Depot to Acquire HD Supply

hd supply

Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …

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