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.
Tractor Supply Company has promoted Kurt Barton to evp/chief financial officer and treasurer.
Tractor Supply Company reported a strong fourth quarter and fiscal year ended December 29, 2018, with both net sales and income growing.
Annual growth in the national market for home improvement and repair is expected to slow by the end of the year, 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.
With retailing’s middle ground becoming more vulnerable between price-driven and luxury sectors, the stakes are higher for retailers to become more “remarkable,” said Steven Dennis, founder and president of retail strategist SageBerry Consulting. Dennis, in his keynote to open the third annual Home Improvement eRetailer Summit in Chicago, said the urgency of a remarkable makeover is underscored by the immediate challenge faced by many middle-market retailers— physical, digital or omnichannel.
Lowe’s recently discussed its strategic priorities and near- and long-term financial targets at its 2018 analyst and investor conference.
Ace Hardware pointed to strong new store growth and its e-commerce initiatives in reporting an increase in revenues during the third quarter.
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.