Lowe’s Canada has plans for expansion that include growing the Canadian company RONA and roughly tripling Ace Hardware’s store count. In May, Lowe’s finalized its purchase of home improvement chain RONA and this month released more information about its plans for the acquisition. Through its purchase of RONA, Lowe’s …
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Amazon Has Started Delivering by Drone
Amazon made its first successful delivery by unmanned drone to a customer this month. The online retailer delivered an Amazon Fire TV stick and popcorn Dec. 7 in a rural area near Cambridge, England, just a few miles from an Amazon fulfillment …
Read More »Home Depot Executive Talks Fear and Success
When you’re an executive at a big box corporation, you might wake feeling a bit paranoid. Or at least that’s the case for Home Depot CFO Carol Tomé, according to CNBC. Tomé has been employed with The Home Depot for …
Read More »Top 10 Holiday-Quarter Revenue Earners Include Home Depot, Lowe’s
Home Depot and Lowe’s are projected to be among the top 10 holiday-quarter revenue earners, according to analysis by USA Today. Analysts based predictions on data from S&P Global Market Intelligence and project that 10 retailers will take 66.7 percent of all holiday-quarter …
Read More »Consultant: Sears, Like Titanic, ‘Looks Set to Sink’
Sears’ third-quarter earnings followed the company’s downward financial trend, inspiring conjecture about the possibility of the company’s demise. “Sears keeps promising investors a turnaround but its results only seem to get worse,” Fortune magazine says. This month, Sears Holdings Corporation released financial results that showed continued …
Read More »2016 Market Measure
To download a PDF of the complete 2016 Market Measure, please complete the form at the bottom of the page. The Ups and Downs of a Positive Year To simply state that 2016 has been a good year for home improvement …
Read More »Walmart Testing 4,000-Square-Foot Stores
Walmart is testing Walmart Pickup with Fuel, a store format so tiny that about 45 of them could fit in one of the retail giant’s super centers. The new stores are 4,000 square feet and serve as pick up locations for …
Read More »Walmart and Target Improve Online Order Pickup
Walmart and Target are improving their online order in-store pickup processes to compete against Amazon during the busy holiday season, according to The Wall Street Journal. During a time when Amazon.com is thriving in online sales and home delivery, in-store pickup …
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