Tractor Supply Company has appointed Noni Ellison svp/general counsel and corporate secretary. She will join the company’s executive committee as well, effective January 11, 2021.
Lowe’s, in hosting a virtual investor update, has unveiled a new strategy to grow market share. Building on its strong execution of its retail fundamentals strategy, the company will be introducing the Total Home strategy to further accelerate market share gains.
Tractor Supply Company intends to build a new distribution center in Navarre, Ohio.
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.
Growth in comparable store sales in the U.S. and digital revenues drove Ace Hardware to a big third quarter.
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.
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.
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.
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 has developed new educational Virtual Field Trips videos that the company will add to its digital DIY workshops library in which company suppliers host kid-friendly, behind-the-scenes tours and provide insights into how they create products for retail shelves.
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.