A range of retailers across channels are responding to the coronavirus outbreak with moves to temporarily close their stores, reduce store hours and other consumer and employee oriented initiatives.
Home Depot marked a strong finish to its fiscal year as its fourth quarter results reflected what the company termed significant progress with its investment program.
The Home Depot has been recognized as a global leader on corporate climate action for its efforts to reduce its environmental impact and build a more sustainable future for consumers and their homes.
The Home Depot Foundation has committed up to $250,000 in response to the continued earthquake activity in Puerto Rico.
This is the ninth installment of a special series, presented by the National Hardware Show, exploring key trends and developments driving the growth of housewares and home goods in the home improvement retail business.
The home improvement retail sector has demonstrated it is well equipped to overcome retail market disruption, including e-commerce pressure and worries of looming economic slowdowns.
The Home Depot said that Carol Tomé, chief financial officer and evp/corporate services, has decided to retire on August 31, 2019, after 24 years of service. Richard McPhail, svp/finance control and administration, will be promoted to evp/chief financial officer following her retirement.
The 2019 National Hardware Show in Las Vegas (May 7-9) marks the 14th year for HomeWorld Business as the show’s official housewares publication. The partnership reflects the commitment by the show to keep housewares in the home improvement retailing spotlight.
Roadie, a company that uses passenger car drivers to provide home delivery to consumers and other recipients, has gained new funding, including from The Home Depot.
CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change A List for the retailer’s actions to cut carbon emissions and mitigate climate risks.
According to eMarketer, Walmart will overtake Apple to become the third largest e-commerce retailer in the U.S. by the end of the year, with online sales growth outpacing even Amazon.com gains.
The Home Depot exceeded Wall Street expectations in a third quarter when net earnings were $2.87 billion, or $2.51 per diluted share, versus $2.17 billion, or $1.84 per diluted share, in the year-previous quarter.