Investigating big boxes’ second-quarter sales can help every independent home improvement operator position their own operations for success. Take a look at the latest financial reports from Home Depot, Lowe’s and Tractor Supply to learn how each has fared during …
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Home Depot Continues $1.2B Supply Chain Investment
Big-box chain Home Depot has announced the opening of a new distribution center in Baltimore. The new 800,000 sq. ft. facility is designed to improve delivery to customers throughout the region. Stephanie Smith, senior vice president of supply chain for …
Read More »Home Depot and Lowes Set Sights on Pros
A new report from CNBC highlights how big-box home improvement retailers Home Depot and Lowe’s are increasingly focusing on capturing sales from pro customers. During the pandemic, both companies saw sales rise sharply as more customers invested in home improvement …
Read More »Home Depot, Lowe’s Announce Q1 2021 Sales Results
A new article from The Wall Street Journal explores the heights home improvement has reached since the start of the COVID-19 pandemic. Both Home Depot and Lowe’s posted their second-highest sales figures since the start of 2020, demonstrating ongoing home …
Read More »What Big-Box Home Improvement Chains Are Prioritizing
Big-box home improvement chains are taking unique approaches to gaining customers in the early days of the busy spring selling season. Explore how Home Depot, Lowe’s and Tractor Supply are launching new initiatives to boost sales. Home Depot: Opening New …
Read More »Inside Big Boxes’ Fiscal Year 2020 Sales Results
2020 was a year of sales momentum for the home improvement market. As COVID-19 forced millions of people across the world to stay at home, they begin to see new potential for their living spaces and finally had the time …
Read More »Home Depot Announces $132B in 2020 Sales
Big-box chain Home Depot has announced its fourth-quarter and fiscal year 2020 financial results, reporting more than $132 billion in sales throughout the year. Sales in the fourth quarter stood at $32.3 billion, an increase of 25.1 percent from the …
Read More »Lowe’s Focuses on Capturing Market Share
After announcing $22.3 billion in third-quarter sales, Lowe’s will now focus on capturing market share from home improvement rivals, reports CNBC. The company reiterated its financial outlook, saying it expects sales to grow by about 22 percent this year. Same-store …
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