Placer.AI: A Pandemic Shaking Will Realign Retail In 2021
As the marketplace looks forward to 2021, Placer.ai has designated several trends that could define how next year unfolds including where and when shopping might change.
Home Depot
Home Depot Organizes Storage Event
For consumers who want to reorganize after the holidays, Home Depot is launching a winter storage event including new products.
Holiday Trends Suggest Solid Sales But Challenges, Too
Based on early analysis of shopping patterns, 1010data has forecast a 5% increase in year-end sales for the holidays, with digital up 50% and store spending down 1% versus the 2019 season.
Home Depot To Open Two Distribution Centers In New Jersey
The Home Depot will open two new distribution centers in Perth Amboy, New Jersey, over the next 12 months to support the growing demand for flexible customer delivery options.
Home Depot Builds Pro Trades Program
The Home Depot is expanding on a $50 million trades training commitment announced in 2018 with a new education and job placement program called Path to Pro.
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.
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.
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.
Eureka Rolls Out Three Vacuums At Home Depot
Eureka is expanding its lineup of vacuums with three new models available exclusively at The Home Depot. The new models include the AirSpeed HDUE1A upright vacuum, PowerSpeed CordRewind Pet HDUE2CR upright vacuum and the Flash HDSV19 corded stick vacuum.
eMarketer: COVID-19 Shakes Up Digital World
According to eMarketer, e-commerce sales will jump 32.4% this year. But the numbers aren’t the only story as Kroger becomes the first supermarket operator to make the top 10 sales leaders.
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.
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.
Lasko Expands Domestic Production With U.S.-Made Heaters
Lasko Products is expanding its domestic production by launching U.S.-made Cyclonic Digital Ceramic Heaters.
Home Depot Steps Up Hurricane Laura Relief Efforts
The Home Depot Foundation is increasing its disaster response commitment for 2020 to $4 million to further support community relief and long-term rebuilding efforts in the states impacted by Hurricane Laura.
Home Depot Prepares To Support Communities Facing Hurricane Laura
As Hurricane Laura heads toward the Gulf Coast, The Home Depot said it will activate its Hurricane Command Center to support communities preparing for the storm.
Q2 Sales Soar For The Home Depot
A booming do-it-yourself market helped The Home Depot continue its growth momentum in the second quarter, with sales soaring as consumers continued to work from home.
Placer: Walmart’s Traffic Recovery Proving Complicated
When it comes to store visitors, Walmart’s recovery from coronavirus-related lows is proceeding more slowly than Target’s and is entangled with home center and dollar store retailers, according to Placer.ai.
Home Depot Offers Live-Stream And Digital Workshops
While its in-store kids workshop classes are paused, Home Depot is offering live-stream and digital workshops and has donated more than 500,000 kids workshop kits over the past four months to more than 100 nonprofit organizations and schools across the country.
Home Depot Opening Three Distribution Centers In Georgia
The Home Depot will open three new distribution centers in Georgia over the next 18 months to support the growing demand for flexible delivery and pick-up options for pro and DIY customers.