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Tag Archives: big box

Exploring Big-Box Q1 2019 Financial Results

q1 2019 financial results

Big-box home improvement chains The Home Depot and Lowe’s both announced their first-quarter 2019 financial results. Learn how each company performed in the articles linked below. Home Depot Reports Sales Growth for First Quarter “We were pleased with the underlying ... Read More »

Home Depot Reports Sales Growth for First Quarter

home depot

The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up ... Read More »

Lowe’s Reports $17.7B in Q1 2019 Sales

marvin ellison

Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell ... Read More »

Amazon Incentivizes Workers to Start Delivery Businesses

delivery businesses

Amazon is expanding its Delivery Service Partner program to incentivize employees to establish their own delivery companies, according to a press release. The new incentive plan will give employees who begin their own delivery service up to $10,000 in startup ... Read More »

Lowe’s CEO Reflects on His First Year in Charge

Lowe's CEO

In an interview with North Carolina Biz News Wire, Lowe’s CEO Marvin Ellison is looking back on his first year at the helm of the U.S. big-box home improvement chain. “When I came to Lowe’s, I quickly saw that the ... Read More »

Longtime Home Depot CFO Retires

carol tomé

Carol Tomé, Home Depot’s CFO and executive vice president, will retire from the company on Aug. 31. after 24 years of service. Richard McPhail, current senior vice president of finance control and administration, will become executive vice president and CFO ... Read More »

Kohl’s to Accept In-Store Amazon Returns Nationwide

amazon returns

Clothing chain Kohl’s has announced it will begin accepting “free, convenient, unpackaged returns for Amazon customers” beginning in July, according to a press release. Kohl’s partnership with Amazon dates back to 2017, when the companies first began piloting the in-store ... Read More »

Write Home About It: Chronicling Home Depot’s Start

home depot

Bob Andelman wrote the book on Home Depot when he co-authored “Built From Scratch” with co-founders Bernard Marcus and Arthur Blank. The book was published in 1999 and charted the first 20 years of the company. It has gone on ... Read More »