New data from online home remodeling and design platform Houzz reveals the latest home design trends you can use to bolster sales in your paint, housewares and design departments. By analyzing the frequency of certain search terms its audience of …
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Analyzing Q2 2021 Big-Box Sales
Investigating big boxes’ second-quarter sales can help every independent home improvement operator position their own operations for success. Take a look at the latest financial reports from Home Depot, Lowe’s and Tractor Supply to learn how each has fared during …
Read More »Ace Reports Another Record-Breaking Quarter for Revenues
After posting a record-breaking first quarter, Ace Hardware continues to shatter revenue numbers in the second quarter of 2021. Ace revenues for the second quarter were $2.5 billion, up 8.2 percent from last year and an increase from the $2 …
Read More »Lowe’s Reports $27.6B in Q2 2021 Sales
Lowe’s has announced its second-quarter 2021 financial results, confirming $27.6 billion in net sales for the period. The figure represents a 1.1 percent increase over the same period in 2020. The company reported net earnings of $3 billion, a 7 …
Read More »Highlights From Boyden Moore’s Address at the Orgill Fall Buying Event
Orgill president and CEO Boyden Moore gave a presentation on Aug. 18 where he provided an update to customers and vendors on the state of the company and industry. The presentation took place as Orgill is hosting its online Fall …
Read More »Home Depot’s Q2 2021 Sales Reach $41B
Big-box home improvement chain Home Depot announced $41.1 billion in second-quarter 2021 sales, an 8.1 percent increase from the same period in 2020. The second-quarter sales represent record quarterly sales for the company. Comparable sales for the company increased 4.5 …
Read More »Northern Tool + Equipment Turns to AI for Pricing Strategy
To improves its pricing strategy, home improvement chain Northern Tool + Equipment has partnered with Revionics, an Aptos Company, as its intelligent pricing platform. Revionics specializes in pricing, promotions and advanced analytics solutions. Northern Tool + Equipment will use the …
Read More »House-Hasson Attendees Discover Deals, Reconnect at Summer Dealer Market
The House-Hasson Summer Dealer Market saw enthusiastic attendees who were ready to buy in person again, access deals and explore new product opportunities at the Sevierville Convention Center in Sevierville, Tennessee, Aug. 13-14. The buying event marked the first in-person …
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