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.
The July 23 issue of HOMEWORLD BUSINESS® features the 19th annual Impact Merchants special report. Housewares suppliers, representing the categories that HomeWorld covers, once again were asked to nominate buyers and merchandisers believed to have made a significant impact during the past year.
Lowe’s has named Marvin Ellison president and CEO, effective July 2. He will also join Lowe’s board of directors at that time. Ellison succeeds Robert Niblock, who previously announced his intention to retire.
Despite a slow start to the spring selling season, Home Depot still showed a strong sales gain in the first quarter.
The Home Depot has nominated Stephanie Linnartz for election to its board of directors at its 2018 annual meeting of shareholders.
The Home Depot is working with Pinterest to expand a visual discovery feature, Shop the Look, that includes more than 100,000 new home décor products including vanities, faucets, lighting, textiles, tabletop and interior décor.
A strong home improvement market propelled the Home Depot’s robust fourth quarter and fiscal year results.