The Home Depot’s overall and comparable U.S. store sales were up in the first quarter, boosting the company’s expectations for sales growth for all of 2016. The numbers reflect “our stronger than expected start to the year,” Craig Menear, CEO, president and …
Read More »Tag Archives: big box
Sears to Try Smaller Store Format
Sears has big plans for some small stores. If a pilot program goes well, then Sears Holdings Corp. will add a store format that is much smaller than its stores have been in the past, according to an article from …
Read More »It’s Walmart vs. Visa on Using PINs and Chip Cards
Walmart is suing Visa, saying the credit card company is not letting it require customers to use PINs rather than signatures to secure purchases made with chip-embedded debit cards. The lawsuit “could stoke the continuing debate about how to balance security and convenience …
Read More »Lowe’s-RONA Deal Expected to Close May 20
Government agencies have granted Lowe’s the final approvals needed for the retailer to buy Canadian home improvement retailer and distributor RONA Inc. in a deal expected to close May 20. Lowe’s needed two final approvals to move forward, and the company announced May 13 …
Read More »Ex-Home Depot Exec Leads J.C. Penney Into Appliance Wars
J.C. Penney is scaling up its home products business this year, and venturing back into appliance sales at 500 stores after a decades-long hiatus. The changes are coming after a successful appliance pilot program in three markets and under the leadership of CEO Marvin …
Read More »Lowe’s Canada Proceeds With Expansion Plans
Lowe’s Canada is growing its presence, and part of that process includes moving into former Target buildings. The first location in an old Target Canada store is slated to open in late summer on Vancouver Island, says Lowe’s Canada spokeswoman Sandy Indig …
Read More »Lowe’s Tries New Social Media Marketing Videos
Lowe’s has created a series of videos that will turn its customers’ phones upside down—literally. The new “FlipSide” videos from the big box are short videos that simultaneously show what happens when a homeowner does and doesn’t do common household …
Read More »Lowe’s and the Future of Sears’ Appliance Business
Recent financial news has continued to be negative for Sears Holdings. The company is closing 78 unprofitable stores, in addition to its clothing design office in New York City this year in efforts to improve its bottom line. The company is still the favorite seller of appliances in the U.S., …
Read More »
Hardware Retailing The Industry's Source for Insights and Information



