Handy Hardware concluded its Fall Market at the Henry B. Gonzales Convention Center in San Antonio this weekend. The market, which ran August 21-23 focused around the company’s proposition of “Profit Plus.” Prior to Market Handy announced that more 400 dealers had qualified …
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Home Depot Attributes Q2 Success to Appliances and Housing Market
Home Depot announced second quarter results, with comparable store sales in the positive numbers, up 5.8 percent across the entire company, and positive 6.4 percent across U.S. stores. In the second quarter of fiscal 2014, sales were reported at $23.8 …
Read More »Lowe’s Q2 Up, Company Still Downgrades Financial Targets
On August 20, Lowe’s announced second quarter fiscal 2014 results. Although comparable sales were up 4.4 percent for the quarter, the home improvement chain scaled back on full-year financial targets. Sales for the second quarter increased 5.7 percent to $16.6 …
Read More »Home Depot Names Craig Menear CEO
The Home Depot announced that Craig Menear, currently president, U.S. retail, has been named CEO and president, effective November 1, and has been elected to the company’s board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain …
Read More »Amazon’s Mobile POS System
Amazon is ready for a fight in what has become a boxing ring filled with mobile point-of-sale providers. But it might have the early advantage against the reigning heavyweight champ thanks to a generous pricing model for first-time users. Amazon …
Read More »Housing Starts Up in July
Fueled by strong single- and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department …
Read More »Home-Price Gains Slowing in Some Markets
Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors®. The median …
Read More »Home Depot Partnership Leading to Smarter Homes in Canada
The push is on in Canada for a single smartphone app that controls your home appliances, from the lights in your bedroom to the security system guarding your front door. At a “Smart Open House” on Tuesday, Home Depot representatives …
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