Woolworths, Lowe’s partner in an Australian home improvement business, found a buyer for part of their failed joint venture. However, the partners aren’t cleanly cutting ties. Lowe’s owns one-third of the joint venture, which includes Masters Home Improvement stores and Home …
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Since launching Walmart Pay in early July, Walmart has been struggling to get its customers on board with the app—an issue that hasn’t been as big a problem for other chains. Recent research shows that 5.5 percent of consumers would …
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Porch.com, a Seattle-based company that began partnering with Lowe’s in 2014, recently announced that it is expanding its services to help home improvement professionals grow their businesses. The website is a searchable database of professional contractors who do home improvement work. Homeowners go to Porch.com …
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The Home Depot, Lowe’s and Ace Hardware each recently released their quarterly earnings reports for the second quarter of 2016, and all three showed sales growth. Ace Hardware Corp. reported both revenue and net income growth, posting the second highest net income …
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Lowe’s on Aug. 17 reported earnings and sales growth for the second quarter of 2016. The company’s net earnings rose 3.7 percent above the same period a year ago, reaching $1.2 billion for the quarter that ended July 29. Sales …
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The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …
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Walmart is trying out a new method for offering fixed employee scheduling at approximately 650 stores, according to The Wall-Street Journal. The system allows select employees to have a set schedule for six months at a time, rather than finding out three …
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Homeowners are living in their houses longer than in the past, home values are increasing and millennials are forming their own households—all good news for Home Depot, according to CEO Craig Menear. “All of those have actually helped our business. I …
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