Store, Digital Sales Drive Ace Hardware To Strong Q3
Growth in comparable store sales in the U.S. and digital revenues drove Ace Hardware to a big third quarter.
home centers
The Spruce Rolls Out Organization Line At Lowe’s
The Spruce, a Dotdash media brand, has rolled out a new organization product line, The Spruce Organization Collection. Developed by The Spruce editorial team and iDesign in partnership with Lowe’s, the line of containers and bins was created for those looking for uncomplicated organization solutions to maximize use of space at home.
Lowe’s Strengthens Position With Q3 Sales Growth
Lowe’s strengthened its market position in a solid third quarter, as the home improvement retailer continued to invest in its omnichannel, employee and store initiatives.
DIY Market Delivers Robust Q3 To Home Depot
On the heels of its announcement that it would be acquiring HD Supply Holdings, a leading national distributor of maintenance, repair and operations (MRO) products, The Home Depot reported a strong third quarter built upon increased demand for home improvement projects.
2021 Retailers To Watch: Lowe’s
The coronavirus pandemic gave home centers/home improvement retailers an essential retailer designation in the U.S., and Lowe’s benefited from that status, substantially growing its store traffic, market share and sales as consumers looked to the retailer for their do-it-yourself and home improvement needs.
Home Depot To Acquire HD Supply Holdings
The Home Depot has entered into a definitive agreement to acquire HD Supply Holdings, Inc., a leading national distributor of maintenance, repair and operations (MRO) products in the multifamily and hospitality end markets. The acquisition is expected to position The Home Depot as a premier provider in the MRO marketplace.
Home Depot Expands Programs To Support Veterans
The Home Depot’s military relations team is introducing expanded resources and programs to further the company’s commitment to veterans, support the company’s existing 35,000 veteran and military spouse associates, and to help transitioning service members find their second career.
Lowe’s Disavows Interest In HD Supply Acquisition
After media speculation on the subject, Lowe’s has issued a statement in response to reports about a possible acquisition of HD Supply.
Lowe’s To Hire 20K Associates For Holidays
Lowe’s said it will hire 20,000 associates across its U.S. stores and regional distribution centers to support customer demand this holiday season and beyond.
Home Depot Takes Fresh Approach To Black Friday
In an unusual holiday season, Home Depot is reinventing Black Friday, the company said, while improving the shopping experience, in part by making customer and associate safety and wellbeing a priority.
Home Depot Develops Virtual Field Trips For Young DIYers
Home Depot has developed new educational Virtual Field Trips videos that the company will add to its digital DIY workshops library in which company suppliers host kid-friendly, behind-the-scenes tours and provide insights into how they create products for retail shelves.
Tractor Supply Builds Growth Initiatives In Q3
Tractor Supply is hitting on all cylinders as it reported a healthy third quarter and continued to build on its “Life Out Here” growth and strategic initiatives.
Lowe’s Goes ‘Home’ For The Holidays
Lowe’s said it is giving new meaning to the holiday shopping season by inspiring customers to gift back to the place that has meant so much this year: home.
Home Improvement eRetailer Summit Readies Agenda For 2021 Conference
The 2021 Home Improvement eRetailer Summit, scheduled for March 7-9 at the Aloft Chicago Downtown River North hotel, has designed its agenda with an eye toward providing insight into future market conditions and tools to help dealers plan for and respond to those conditions proactively.
Ace Hardware Brings Back Ace Rewards Day
As it looks to compete with Amazon’s Prime Day, Ace Hardware is bringing back its Ace Rewards Day. For the second year, Ace will provide exclusive deals to Ace Reward members and select savings for non-members in a two-day only event on AceHardware.com.
Home Depot Recognizes Innovation Award Winners
The Home Depot has recognized the latest product innovations to hit shelves this year, in store and online, with its 2020 Innovation Award winners.
Lowe’s Provides Additional Employee Bonus
Lowe’s will provide an additional $100 million in discretionary bonuses to recognize front-line hourly associates for their continued service and support of their communities, bringing the company’s total commitment to associates and communities during the pandemic to more than $775 million.
Home Depot Appoints Decker President
The Home Depot has made several executive changes, including naming Edward “Ted” Decker president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014.
Lowe’s To Install Pickup Lockers Nationwide
To continue to improve the contactless delivery experience for customers who are increasingly shopping online, Lowe’s plans to install pickup lockers at all U.S. stores by the end of March 2021.
Lowe’s Virtual Search Initiative Promotes Supplier Diversity
Lowe’s is teaming up with Daymond John to introduce “Making It… With Lowe’s,” a nationwide, virtual search to bring products made by minorities, women, veterans, people with disabilities and those in the LGBTQ+ community to customers online and in-store nationwide.