Last week, big box retailers Home Depot and Lowe’s both announced their fourth-quarter revenues with sales growth that suggests consumers are increasingly spending money on home improvement purchases. Read the following articles for more details on the companies’ financial performance: Home Depot’s …
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Lowe’s Companies today reported a better-than-expected rise in fourth quarter sales, which the company suggested is due to an improving housing market and warmer winter weather. The announcement comes the day after Home Depot also announced better-than-expected sales. While Lowe’s still trails behind its …
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The Home Depot today reported fourth-quarter and overall fiscal 2015 sales growth, crediting a recovering housing market among the reasons for the increases. Sales were $21 billion for the fourth quarter of 2015, for a 9.5 percent increase from the fourth quarter of …
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A partnership that Canadian company RONA made with Ace Hardware in 2014 is unchanged at this time, regardless of news that big-box giant Lowe’s is buying RONA. RONA’s TruServ division, which is a home improvement distributor and former co-op, recently …
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Sears is continuing to feel the heat from its competitors, including those that may have learned from its mass distribution model. The company, which was the front-runner in mass distribution starting in the 1800s with its mail-order catalogs, is now …
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Like so many other retailers, Target is trying its best to engage with millennial customers by trying to figure out their wants and needs. That’s part of working on beefing up the company’s U.S. business, which CEO Brian Cornell had …
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Lumber Liquidators’ Chinese-made laminate flooring, which has been under investigation since early 2015, could be linked to some health problems, according to the Centers for Disease Control and Prevention. The flooring discounter has been subject to federal investigations, public criticism …
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Last week, news broke that Lowe’s came to an agreement to buy Canadian home improvement retailer and distributor RONA Inc. Regardless of that change in ownership, Canadian shoppers can expect one familiar home improvement company to stay Canadian, and that …
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