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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Analyzing Home Depot’s Supply Chain Upgrades
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. …
Read More »Analyzing Big-Box Q2 Performance
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 …
Read More »Home Depot Sees 23% Sales Spike in Q2 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 …
Read More »Comparing the Big 3: Home Depot, Lowe’s, Menards
The three largest big-box home improvement retailers in the U.S. have unique stories. Lowe’s, as the oldest, began in 1921 as an independently owned single store that grew to 15 locations before it became an investor-owned business in 1961. Read …
Read More »Lowe’s 360: Extra Features
Read the Lowe’s 360 story from Hardware Retailing magazine here. The following extras are only available online and provide a closer look at Lowe’s. SWOT Analysis Lowe’s has been successful for decades, but operates in a competitive marketplace with strong contenders among …
Read More »Sales Rise for Home Depot, Lowe’s in Q1 2020
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 …
Read More »Big Boxes Change Policies Amid 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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