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Tag Archives: big box

Analyzing Home Depot’s Supply Chain Upgrades

home depot supply chain

As Home Depot executes a $1.2 billion supply chain investment, the National Retail Federation recently interviewed Stephanie Smith, the company’s senior vice president of supply chain. Read on for insights into the big-box retailer’s efforts to strengthen its supply chain. …

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Analyzing Big-Box Q2 Performance

big-box q2 2020

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

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Lowe’s Reports $27.3B in Q2 Sales

Lowe's

Home improvement chain Lowe’s achieved $27.3 billion in second-quarter 2020 sales, up 30 percent from the same period in 2019, the company reports. Lowe’s net earnings for the quarter were $2.8 billion, a 64 percent increase sales in the same …

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Home Depot Sees 23% Sales Spike in Q2 Sales

home depot sales

Big-box home improvement chain Home Depot has released its second-quarter 2020 financial results, achieving net sales of $38.1 billion. This figure marks a 23 percent increase over the same period in 2019 and a 34 percent increase over first-quarter 2020 …

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Lowe’s Details Supply Chain Upgrades

lowe's supply chain

Big-box retail chain Lowe’s is planning an update to its supply chain in an effort to bolster home delivery services for pro and DIY customers. Over the next 18 months, Lowe’s plans to open 50 cross dock delivery terminals, seven …

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Walmart to Eliminate Hundreds of Corporate Jobs

walmart

Walmart is cutting hundreds of corporate positions as it merges its online and store businesses in the U.S., reports CNBC. The big-box retail chain has not disclosed how many corporate positions will be affected by the cuts, but the eliminated …

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Lowe’s and HomeAdvisor Start Pro-Focused Partnership

lowe's and homeadvisor

Lowe’s and home improvement website HomeAdvisor are teaming up on a new program aimed at getting professional builders and home services providers direct leads. Under the arrangement, members of the Lowe’s for Pros Loyalty Program will receive a free, yearlong …

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Tractor Supply Co. Posts Record Sales and Earnings in Q2

tractor supply

Big-box home improvement chain Tractor Supply Co. announced its second-quarter 2020 financial results, reporting record sales and earnings. In total, the company’s net sales for the second quarter of the year hit $3.2 billion, a 35 percent increase over the …

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COVID-19: Its Impact on the
Home Improvement Industry

 

Wednesday, Sept. 30 at 2 P.M. ET