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 …
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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 …
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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 …
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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 …
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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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There are a number of reasons why store owners choose to sell their businesses. They may be ready to retire and don’t have a succession plan or family members willing to take over the business. Or perhaps they are ready …
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Big-box chain Home Depot has announced the opening of a new distribution center in Baltimore. The new 800,000 sq. ft. facility is designed to improve delivery to customers throughout the region. Stephanie Smith, senior vice president of supply chain for …
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In July, the consumer price index (CPI), which measures the cost of goods and services, jumped 5.4 percent from the previous July, according to a CNBC report. Core inflation, which excludes energy and food costs, rose 0.3 percent, well within …
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