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Tag Archives: big box

Third-Party Sales Surge During Amazon Prime Day

amazon prime day

Amazon says small and medium-size businesses were the big winners during the company’s 2020 Prime Day event, traditionally one of the biggest online shopping days of the year. Third-party sellers on Amazon, which include many small enterprises, surpassed $3.5 billion …

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Home Depot Names Ted Decker President and COO

home depot ted decker

Edward “Ted” P. Decker will serve as Home Depot’s president and chief operating officer, effective Oct. 5. Decker is a 20-year veteran of the company has served as Home Depot’s executive vice president of merchandising since 2014. In his new …

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Lowe’s to Install Contactless Pickup Lockers Nationwide

lowe's contactless lockers

Big-box home improvement chain Lowe’s has announced plans to install pickup lockers at all of its 1,700 U.S. stores by the end of March. The company says the self-service lockers are a safe way for customers to access same-day online …

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Tractor Supply Co. Opens 1,900th Store

Tractor Supply Co. has opened its 1,900th store in the U.S. Located in Oakhurst, California, the new store is close to areas impacted by recent wildfires, and Tractor Supply is donating $50,000 to organizations battling the blazes. “With the opening …

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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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