The Home Depot and Lowe’s recently launched their respective AI tools to provide personalized assistance in home improvement projects. Home Depot’s “Magic Apron” Home Depot is launching its suite of generative AI tools, named Magic Apron. The tools will help …
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Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
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Home Depot recently released its fourth quarter 2024 and fiscal 2024 financial data. Q4 2024 Sales for the fourth quarter of fiscal 2024 were $39.7 billion, a $4.9 billion or 14.1% increase year over year. Comparable sales also increased 0.8% …
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The Home Depot announced the acquisition of a 1.4 million-square-foot distribution center (DC) in Savannah, Georgia. The Savannah DC will employ around 250 associates and will support hundreds of Home Depot stores, as well as hurricane relief during times of …
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The Home Depot has announced partnerships with both DoorDash and Uber Eats to provide on-demand delivery from 2,000 stores nationwide. “We’re excited to partner with The Home Depot to give DIY and pro customers immediate access to the home improvement …
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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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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, …
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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 …
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