home improvement

Retail
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.

Financials
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.  

Executive Profile
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.

Retail
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.

Retail
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.

Retail
LIRA: Moderate Gains Expected In Home Improvement Market

Moderate gains in homeowner spending for improvements and repairs are expected through much of next year as initial concerns of a possible pandemic-induced downturn have largely dissipated, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures Program at the Joint Center for Housing Studies of Harvard University.

Retail
Analysis: September Sales Bode Well For Holidays

September retail sales results hold positive prospects for the holiday season, according to Deborah Weinswig, CEO and founder of Coresight Research and Alex Fitzgerald, a principal in the consumer practice at Kearney, a global management consulting firm.

Retail
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.

Retail
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.

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