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Home Depot Reports $33.5B in Q3 2020 Sales

Virtual spring career day

Big-box home improvement retail chain Home Depot has announced its third-quarter 2020 financial results, reporting $33.5 billion in total sales for the quarter, up $6.3 billion or 23.2 percent from the same period in 2019. Comparable sales for the third …

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Home Depot to Acquire HD Supply

hd supply

Big-box retailer Home Depot has announced plans to acquire HD Supply Holdings Inc., a leading national distributor of maintenance, repair and operations (MRO) products. The acquisition is expected to position Home Depot as a lead supplier of MRO products, the …

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US LBM to Be Acquired by Bain Capital

us lbm

Building materials distributor US LBM has signed an agreement for Bain Capital Private Equity to acquire a majority stake in the company. US LBM will continue to operate under president and CEO L.T. Gibson and the current management team. Financial …

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Westlake Ace Promotes Finance Executive

Westlake Ace Hardware

Westlake Ace Hardware recently promoted Tony Jones to vice president of finance and controller. He replaced the retiring Pam Samulcek, who had served as vice president of finance and controller since 2006. In his new role, Jones leads all finance …

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3 Outdoor Power Equipment Trends to Follow

outdoor power equipment

Market research firm The Farnsworth Group has delved into the consumer trends shaping the outdoor power equipment marketplace. The firm recently completed a public industry study among more than 600 DIYers who had recently purchased or plan to purchase outdoor …

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Walmart U.S. CEO on Meeting New Shopper Needs

walmart

The National Retail Federation (NRF) recently hosted a webinar with Walmart U.S. president and CEO John Furner to learn how the company had pivoted during COVID-19 to ensure staff and shopper safety. In August, the company announced its second-quarter financial …

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House-Hasson Announces Online Dealer Market for January

House-Hasson senior vice president

House-Hasson has announced plans for a virtual dealer market in January instead of its traditional in-person event normally held in Nashville, Tennessee. The Fresh Start online dealer market is currently scheduled to take place Jan. 28-29. House-Hasson president Don Hasson …

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