Tag Archives: big box

Less than two months after announcing it was closing all of its Canada stores, Target Corp. has committed to more cuts: U.S. corporate jobs. The Minneapolis-based retailer’s goal is to reduce costs by $2 billion over the next two years to …

Lowe’s reported sales increases for its fourth quarter of 2014, as well as for the fiscal year. The year’s sales were $56.2 billion, a 5.3-percent increase from 2013. Fourth-quarter sales totaled $12.5 billion, which was an increase of 7.3 percent from the …

An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …

During the recession, many families had to tighten their budgets in a variety of ways, including buying less expensive, generic products. The lifestyle changes have had lasting effects on consumers because people have learned to price shop and found that …

In a recent study, Lowe’s appeared in the top 20 of highly visible companies ranked by reputation. The big box retailer had the highest reputation quotient ranking among specialty retailers, according to the 2015 Harris Poll Reputation Quotient. The Harris study measures the reputations …

Amazon’s plans to make deliveries by drone may come to a standstill due to recently proposed federal laws. If proposed legislation passes, Amazon might not be able to launch its Prime Air service in the U.S., according to an article in Fortune. Amazon planned to use …

In its March 2 issue, Forbes magazine recognizes Ace Hardware as a business success story and highlights a thriving chain of Ace stores. Ace is now a $4.7 billion co-op with thousands of locally owned stores, despite massive changes to retail such as the …

As retailers in the U.S. continue to develop higher-tech customer service methods, one big-box home improvement retailer is taking its technology emphasis global. Lowe’s Services India Private Limited, a subsidiary of Lowe’s Companies, Inc., has announced the opening of its Global …