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 Announces Expansion of Features
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 …
Read More »Quarterly Earnings Up for Big Boxes, Ace
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 …
Read More »Lowe’s Q2 Earnings Show Growth
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 …
Read More »Home Depot Reports Strong Quarterly Sales
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 …
Read More »Walmart Tests Fixed Employee Scheduling
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 …
Read More »Home Depot CEO: Homeowners Are Investing
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 …
Read More »Lowe’s Uses Facebook 360 for New DIY Videos
Lowe’s is taking its social media presence to a new level with a fresh tool: Facebook 360. At the end of July, the home improvement giant launched a Facebook video campaign titled “Made in a Minute.” Through the new Facebook 360-degree video …
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