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Tag Archives: e-commerce

Lowe’s Reports $16B in Q4 2019 Sales

lowe's sales

Big-box home improvement chain Lowe’s has released its financial results for the fourth quarter of 2019, indicating sales growth compared to the same period in 2018. In total, Lowe’s posted $16 billion in fourth-quarter 2019 sales, up 2.5 percent from …

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Boyden Moore, Orgill’s New President and CEO, Discusses the Future

boyden moore

At the beginning of this year, Orgill Inc. completed the next phase in its leadership transition. Boyden Moore took the reins of the Memphis-based distributor as its new president and CEO, while the man who formerly occupied that role, Ron …

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E-Commerce Sales Rise 18.8% in Holiday Season

Holiday sales grew 3.4 percent over 2018 levels, according to new data from Mastercard SpendingPulse reported by the Chicago Tribune. Notably, e-commerce sales grew by 18.8 percent, “marking the continuing change in how people shop,” according to the article. Sales …

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Amazon Bars Sellers From Using FedEx Ground

amazon ceo bezos

Amazon is telling third-party sellers they can no longer use FedEx Ground for Prime shipments, The Wall Street Journal reports. Amazon cites declining performance from FedEx as the reason for the temporary ban, according to the article. A spokesperson for …

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Do Brands Need Amazon?

amazon

In November, Nike said it would no longer sell its merchandise on Amazon. Instead, the company would focus on its own direct-to-consumer e-commerce sales. The decision is creating uncertainty as to how strongly established brands should rely on the e-commerce …

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Reaching Customers Via Targeted Marketing

targeted marketing

Advertising your home improvement business is critical. Whether you rely on print, radio, TV, digital or some combination therein, every home improvement retailer must decide on a message and a medium to let potential customers know about their business.     targeted …

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Home Depot, Lowe’s Announce Q3 2019 Financial Results

q3 2019 financial results

Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …

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Retailers Prepare for 165M Thanksgiving Weekend Shoppers

thanksgiving weekend shopping

New research from the National Retail Federation (NRF) and Prosper Insights & Analytics projects as many as 165.3 million people will shop during the U.S. Thanksgiving holiday weekend, traditionally one of the busiest retail periods each year. “The traditional Thanksgiving …

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