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Tag Archives: big box

True Value Ranks No. 1 in National Customer Service Poll

true value ranks

Hardline wholesaler True Value has topped Newsweek’s 2020 list of America’s Best Customer Service Brands in the “Home Improvement Stores” category. “True Value retailers are winning where it matters most: with customers,” says John Hartmann, president and CEO of True …

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6 Retail Takeaways From 2019 HIRI Insights Summit

2019 HIRI Insights Summit

At the 2019 HIRI Insights Summit, presented by the Home Improvement Research Institute (HIRI), a range of industry analysts explored how shifting consumer trends, new retail technology and labor shortages are affecting the home improvement market. 1. Despite uncertainty, the …

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Home Depot and Lowe’s Release Q2 2019 Financial Results

financial results

Home Depot and Lowe’s have both released their second-quarter 2019 financial results. Overall, the companies both reported growth. Home Depot’s second-quarter sales were $30.8 billion. Lowe’s reported quarterly sales of $21 billion. For full insight into each company’s financial results …

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Lowe’s Announces Financial Results for Q2 2019

lowe's

Big-box home improvement chain Lowe’s has announced its second-quarter 2019 financial results. In total, the company reported net earnings of $1.7 billion in the second quarter. This figure represents an 8 percent decrease over its second-quarter 2018 earnings of $1.86 …

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Home Depot Reports Q2 Financial Growth

home depot

Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …

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FedEx Delivers Big News to Amazon

fedex

Shipping giant FedEx has told Amazon it does not plan to renew its ground delivery contract with the e-retailer when it expires later this month, reports the Los Angeles Times. The news comes after Amazon has begun developing its own …

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Lowe’s Lays Off Thousands of Employees

employees

Lowe’s has eliminated thousands of positions across the company, including many maintenance and assembly employees, reports The Wall Street Journal. Many of the workers affected by the announcement put together “grills, wheelbarrows and other products,” according to the report. Now, …

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Home Depot CFO Chats Millennials, Pro Services

home depot cfo

Appearing on CNBC’s “Mad Money,” Home Depot executive vice president and CFO Carol Tomé gave insight into the company’s interest in millennial homeowners, how it’s using technology to personalize retail experiences for pro customers and how home improvement leadership has …

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