Earlier this week, The Home Depot announced it has entered into an agreement for its specialty trade distribution subsidiary, SRS Distribution Inc. (SRS), to acquire GMS Inc. (GMS), a leading North American speciality building products distributor, for $5.5 billion. The acquisition is …
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Compare Your Customer Return Policies to the Big Boxes
According to the National Retail Federation (NRF) and Happy Returns 2024 Customer Returns in the Retail Industry Report, retailers estimated that 16.9% of their annual sales in 2024 were returned, making customer returns a headache for many retailers, regardless of …
Read More »The Home Depot Reports 0.3% Decrease in Comp Sales for Q1 2025
The Home Depot released its Q1 2025 financials, reporting sales of $39.9 billion for the first quarter of fiscal 2025, an increase of 9.4% from the first quarter of fiscal 2024. Comparable sales for the first quarter of fiscal 2025 decreased …
Read More »The Home Depot Expands Tax-Free Shopping to More Military Families
The Home Depot announced it is now offering tax-free shopping to more military families nationwide with the expansion of its partnerships with the Army & Air Force Exchange Service and the Navy Exchange Service Command. The program, initially applied to …
Read More »Home Depot Named to Top 50 Global Retailers List
The National Retail Federation’s Top 50 Global Retailers list includes the 50 most impactful international retailers based on their operations at the start of 2024. The Home Depot ranked in the 10th spot, with total revenues at the start of …
Read More »Home Depot Announces Exclusive Primer Deal
The Home Depot announced it has expanded its long-term partnership with Behr Paint Company to exclusively offer KILZ branded primer products in the U.S. and Puerto Rico. Home Depot will become the only home improvement retailer to sell KILZ products. “We’ve heard …
Read More »How the Big Boxes Fared in 2024
Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
Read More »The Home Depot Records Strong Q4 2024
Home Depot recently released its fourth quarter 2024 and fiscal 2024 financial data. Q4 2024 Sales for the fourth quarter of fiscal 2024 were $39.7 billion, a $4.9 billion or 14.1% increase year over year. Comparable sales also increased 0.8% …
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