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Tag Archives: big box

Home Depot Buys Bedding and Bath Company

Company Store

The Home Depot has announced its acquisition of Wisconsin bedding and bath business The Company Store. The Company Store operates five retail stores in Wisconsin, Maine and North Carolina, and an online store. Home Depot publicized the purchase Dec. 21, but …

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Lowe’s Names First Chief Digital Officer

Lowe's

Vikram Singh will serve as Lowe’s Cos. Inc.’s senior vice president and its first chief digital officer, the company states in a press release. The chief digital officer will “accelerate Lowe’s digital evolution and drive a holistic integrated strategy to …

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Going Private Is Not a New Suggestion for Sears

When a shareholder recently requested that Sears Holdings consider going private, the investment company was not suggesting a new idea. The investor, Memento S.A., released a letter Dec. 7, asking the retailer “to form a board to look after shareholders, …

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Menards Plans to Build Robotic Warehouse

robotic warehouse

Wisconsin-based home improvement retailer Menards has announced plans to construct a new warehouse that will incorporate a 60-foot-tall robotic system to speed up delivery times and cut operating costs, the Eau Claire Leader-Telegram reports. “To be more competitive, we are …

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Home Depot Readies $15B Share Buyback

share buyback

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 …

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Walmart, Other Big Boxes Find Holiday Sales Drivers

Black Friday

With the holiday sales season underway, big-box retailers are experimenting with new ways to attract customers to their brick-and-mortar locations to drive sales and deliver memorable holiday shopping experiences. Walmart is planning to hold thousands of parties this holiday season …

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