Lowe’s has announced the appointment of Marisa F. Thalberg as executive vice president, chief brand and marketing officer, effective February 10. She most recently served as the global chief brand officer for fast-food chain Taco Bell. Thalberg has been named …
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Tracking 2 Years of Big-Box Housewares Sales
The housewares category is a growing opportunity for many independent retailers. Whether you stock housewares items to serve wholesale customers or your DIY customers keep asking for the latest kitchen gadgets and small appliances, the category is broad and can …
Read More »Home Depot Combats Organized Retail Crime
For many home improvement retailers, organized retail crime is becoming a costly problem, a new report from CNBC says. Retailers like Home Depot are now spending more to deter theft and are also working with local law enforcement to prosecute …
Read More »Home Depot, Lowe’s Announce Q3 2019 Financial Results
Home Depot and Lowe’s both announced their third-quarter 2019 financial results this week. Explore each big-box retailer’s individual results using the links below. Inside Home Depot’s Q3 2019 Financial Results Sales: $27.2 billion Net Earnings: $2.8 billion Key Takeaway: Because …
Read More »Lowe’s Announces Q3 2019 Financials, New Canadian Strategy
Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
Read More »Home Depot Announces Q3 2019 Sales Growth
Home Depot, the world’s largest big-box home improvement company, has announced its third-quarter 2019 financial results. Overall, the company has seen third-quarter fiscal 2019 sales of $27.2 billion, a 3.5 percent increase over the same period in 2018. That sales …
Read More »True Value Ranks No. 1 in National Customer Service Poll
Hardline wholesaler True Value has topped Newsweek’s 2020 list of America’s Best Customer Service Brands in the “Home Improvement Stores” category. “True Value retailers are winning where it matters most: with customers,” says John Hartmann, president and CEO of True …
Read More »6 Retail Takeaways From 2019 HIRI Insights Summit
At the 2019 HIRI Insights Summit, presented by the Home Improvement Research Institute (HIRI), a range of industry analysts explored how shifting consumer trends, new retail technology and labor shortages are affecting the home improvement market. 1. Despite uncertainty, the …
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