As over 180 million people are planning their in-store shopping during the Thanksgiving holiday weekend, some big-box retailers have changed their store hours, causing confusing for some shoppers. Hardware Retailing has compiled a list of some of the nation’s largest …
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Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »2 Hardware Companies Named to Time Magazine World’s Best Companies of 2024 List
Multiple companies that have significant stakes in the independent home improvement industry made the Time magazine World’s Best Companies of 2024 list, being named alongside some of the largest, most influential companies across the globe. The list is a comprehensive …
Read More »Comparable Sales Down for Home Depot in Q2, Overall Sales Up Slightly
The Home Depot® reported sales of $43.2 billion for the second quarter of fiscal 2024, an increase of 0.6% from the second quarter of fiscal 2023. Total sales include $1.3 billion from the recent acquisition of SRS Distribution Inc. (SRS), …
Read More »8 Home Improvement Companies Make NRF’s 2024 List of Top 100 Retailers
The National Retail Federation (NRF) released its annual list of the Top 100 Retailers. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. The list was compiled by Kantar, a global marketing data, insight and …
Read More »The Home Depot Completes SRS Distribution Acquisition
The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
Read More »Home Depot Partners With Instacart
Home Depot and delivery service provider Instacart have announced a partnership. The new relationship will offer customers nationwide same-day delivery as fast as one hour from Home Depot’s nearly 2,000 store locations. Customers can now order a wide range of …
Read More »Home Depot to Acquire SRS Distribution
The Home Depot, the world’s largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. (SRS), a residential specialty trade distribution company that serves the professional roofer, landscaper and pool contractor. SRS will accelerate The …
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