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Tag Archives: big box

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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Amazon Prime Day Sets Records, Retail Trends

amazon prime day

Amazon Prime Day, the e-commerce giant’s annual shopping event, set new records for the company, leading to more sales than Amazon’s Black Friday and Cyber Monday events combined. Amazon says that worldwide, Prime members purchased more than 175 million items …

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Sears Suffers Widespread Outages

outages

Sears employees were unable to complete home deliveries, service appointments or accept noncash payments at its stores for three days in late June, Business Insider reports. In addition, shoppers could not make returns, pick up online orders or access their …

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