Tag Archives: big box

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 …

Attorneys representing people who say chemicals from Lumber Liquidators flooring made them ill claim a new settlement, valued at $36 million, excludes their clients. In October, Lumber Liquidators agreed to pay $26 million in cash and provide $12 million of …

With the holiday sales season underway, big-box retailers are experimenting with new ways to attract customers to their brick-and-mortar locations to drive sales and deliver memorable holiday shopping experiences. Walmart is planning to hold thousands of parties this holiday season …

Target has unveiled its first “next-generation” store in Houston as it prepares to spend billions in the next four years to remodel more than 1,000 stores across the U.S. to compete against e-commerce titans, the Houston Chronicle reports. The first …

Menards has avoided another labor law violation with the National Labor Review Board’s decision on Nov. 17 that the retailer accurately categorized its delivery drivers as independent contractors instead of as employees. According to the complaint, drivers contracted by Menards (whether …

Lowe’s Cos. Inc. has announced that Richard D. Maltsbarger, Lowe’s chief development officer and president, international, has been named the company’s chief operating officer (COO), effective Feb. 3, 2018. Maltsbarger will succeed Rick D. Damron, who has served in the …

2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …

Walmart is testing a pricing strategy to boost margins for online purchases and drive in-store sales, reports The Wall Street Journal. The big-box retailer is selling products online at slightly higher prices than the same product in its stores as …