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Tag Archives: big box

Home Depot Announces Third Quarter Results

According to a press release from The Home Depot, the company reported sales of $20.5 billion for the third quarter of fiscal 2014, a 5.4 percent increase from the third quarter of fiscal 2013. Comparable store sales for U.S. stores were …

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Lowe’s Uses Robots to Assist Customers

Lowe's

The future has arrived. Robots are helping customers shop, and we’re not talking about smartphones. In late November, Lowe’s will introduce its robotic shopping assistant to a California Orchard Supply Hardware store. The 5-foot tall OSHbot is bilingual, can display …

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Lowe’s Opens Smaller-Store Format in Manhattan

Lowe's

According to an article by Market Watch, two Lowe’s stores are set to open in the second half of 2015 in Manhattan. While these locations will be about 30,000 square feet, they will “offer products and services that are locally …

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Amazon’s Profits Plummet in Third Quarter

The biggest online retailer in the United States, Amazon, does not get its dominant position through conservancy – it spends money. Amazon is aggressive, innovative and a juggernaut in delivery and personalization. As Amazon remains a threatening competitor for most …

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J.C. Penney Names Next President and Chief Executive

J.C. Penney recently named Marvin Ellison, a Home Depot executive, as the next president and chief executive, according to an article by the New York Times. Currently, Ellison is executive vice president for stores at Home Depot, and will join …

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Kmart Announces Month-Long Data Breach

On Friday, Oct. 10, Kmart, a member of the Sears brand, announced the company had discovered its own payment security incident. According to a press release by the company, the Kmart IT team “detected that the Kmart store payment data …

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Amazon to Open First Brick-And-Mortar Store

According to a USA Today article, Amazon will open its first physical location in Manhattan this holiday season. Unlike a typical retail store, Amazon will use this location as a small warehouse to ship same-day delivery products in New York, …

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