Tag Archives: big box

Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …

The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …

After a news report came out in March saying that Lumber Liquidators’ Chinese-made laminate flooring contained unsafe levels of formaldehyde, the company is being investigated by federal agencies, has been slapped with class-action lawsuits and now faces even more troubles. Lumber Liquidators has halted sales of its laminate flooring …

Lowe’s Canada is moving into locations Target Canada has left vacant, acquiring leases for 13 Target buildings and also buying a Target distribution center in a $151 million deal. Target Canada announced in January that it would leave the Canada market this year, …

Home improvement shoppers can now order custom fixtures with the help of 3-D printers. This week, Lowe’s Innovation Labs introduced in-store and online 3-D printing and scanning services to customers searching for replacement parts and one-of-a-kind creations, according Lowe’s. Lowe’s Innovation Labs …

Public scrutiny has broadened to include big box retailers’ flooring, now that an investigation into the safety of Lumber Liquidators’ products is underway. Multiple federal agencies are investigating Lumber Liquidators due to reports that some of the company’s laminate flooring contains unsafe levels of the …

Amazon doesn’t just sell products anymore. The online marketplace has branched out and now sells services, including electrical and plumbing work, home repairs and gutter cleaning. “Amazon Home Services features handpicked pros offering upfront pricing on pre-packaged services with helpful reviews from customers that …

Amazon has finally been given the green light from U.S. federal regulators to test delivery drone outdoors, an initiative that was at a standstill earlier this year. According to a Reuters article, the Federal Aviation Administration had given approval to an Amazon …