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Tag Archives: big box

Target to Offer $15 Minimum Wage

target

Target has announced plans to increase its minimum wage for employees to $15 per hour, up from its current rate of $13, CNN reports. The new pay rate will apply to 275,000 part-time and full-time employees at its retail spaces, …

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Canadian Headlines for Retailers: June 15

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. New Lowe’s DC Will Be Western Canada’s Largest …

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Sales Rise for Home Depot, Lowe’s in Q1 2020

fiscal year 2020 financial results

Big-box home improvement retailers Home Depot and Lowe’s announced their first-quarter 2020 financial results this week. For both retailers, sales rose over the same period in 2019. Explore how each company fared in the first quarter of 2020 and learn …

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Target Posts Significant E-Commerce Growth in Q1 2020

e-commerce growth

In its first-quarter 2020 financial results, big-box retailer Target reports total revenue of $19.6 billion, an 11.3 percent rise from the same period in 2019. While its stores remained open amid COVID-19 in the U.S., Target also experienced significant digital …

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Lowe’s Q1 2020 Sales Rise 11%

lowe's

Big-box home improvement chain Lowe’s has announced net sales of $19.7 billion in the first quarter of 2020, an 11.3 percent increase over the same period in 2019. Sales grew more than 23 percent over results from the fourth quarter …

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Home Depot’s Q1 2020 Sales Climb 7%

home depot

Big-box home improvement retailer Home Depot announced first-quarter 2020 sales of $28.3 billion, representing a 7.1 percent increase from the same period in 2019, according to the company. The total sales for the first quarter of 2020 are more than …

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Big Boxes Change Policies Amid COVID-19

covid-19

The COVID-19 pandemic has brought changes to home improvement stores across North America, but big boxes are also finding it necessary to adopt new operations policies to protect employees and customers. Learn what Home Depot, Lowe’s, Menards and Walmart are …

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COVID-19 Prompts Major Shift in Retail Operations

covid-19

On March 11, the World Health Organization declared COVID-19 a pandemic, the first in more than a decade. As the number of confirmed cases surpassed 3,100 people in 49 states, governments, communities and businesses of all sizes have been forced …

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