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Tag Archives: big box

Home Depot Taps into Oil Boom

While Home Depot’s growth strategy is focused on e-commerce, the retailer is also looking to tap into the expected boom in drilling activity in states such as Louisiana, North Dakota and Texas, according to an article in The Wall Street …

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Home Depot Drives Focus on E-Commerce

For decades, Home Depot excelled at the traditional retail model of growing by adding new locations. But the home improvement chain is making a hard turn toward the Internet in the face of changing shopper habits and fast diminishing returns …

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Lowe’s Agrees to Settlement to Minimize Lead Dust

According to a Reuters story, Lowe’s has agreed to pay a $500,000 penalty for violating rules governing lead paint exposure, the U.S. Environmental Protection Agency and the Department of Justice said. The company also agreed to implement a new compliance …

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Home Depot Co-Founder Apologizes for Nazi Comment

Kenneth Langone, the billionaire co-founder of The Home Depot, ignited an uproar Tuesday by comparing populist appeals targeting income inequality to arguments made by Nazis in pre-war Germany. Langone made the remark when asked how the rich view the political …

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Walmart Unleashes Garden Sales

Beginning March 21, and lasting through March 29, Walmart is having its biggest-ever spring sales push, offering discounts of 30 to 50 percent on more than 60 outdoor essentials ranging from lawn mowers to mulch and will advertise the event …

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Lowe’s Comp-Store Sales Up in Fourth Quarter

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. …

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Home Depot’s Comp-Store Sales Up in Fourth Quarter

Home Depot reported increases in comp-store sales spurred by the recovering housing market. Comparable store sales for the fourth quarter of fiscal 2013 increased 4.4 percent, and comp sales for U.S. stores were positive 4.9 percent. Total sales for the …

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