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Tag Archives: big box

Home Depot Reports Third-Quarter Growth

Home Depot today reported sales of $19.5 billion for the third quarter, a 7.4 percent increase from the third quarter last year. Comparable-store sales for the quarter of were up 7.4 percent and comp sales for U.S. stores were up …

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Rona Revenues Down in Third Quarter

Canadian home improvement retailer Rona Inc. reported a decline in same-store sales for the third quarter due “relatively unfavorable market conditions during the quarter,” according to the company. The retailer reported revenues from continuing operations of about $1.17 billion in the …

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Home Depot’s Redbeacon Expands to 6 More States

Home Depot is accelerating the national rollout of its online referral service Redbeacon to tap demand from homeowners who don’t want to do fix-it projects themselves, Bloomberg reported last week. Redbeacon, which connects consumers with painters, plumbers, carpenters and maids, …

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Lowe’s Completes Orchard Supply Acquisition

Orchard Supply Hardware

Lowe’s completed its previously announced acquisition of the majority of assets of Orchard Supply Hardware, including 72 Orchard stores, for approximately $205 million in cash, plus the assumption of payables owed to nearly all of Orchard’s supplier partners. The acquisition expands …

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