Carol Tomé, Home Depot’s CFO and executive vice president, will retire from the company on Aug. 31. after 24 years of service. Richard McPhail, current senior vice president of finance control and administration, will become executive vice president and CFO …
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Home Depot is a formidable competitor in the home improvement industry. By sales volume and number of store locations, the company is the largest retailer in the home improvement sector. Despite being known for its 104,000-square-foot stores, Home Depot has, …
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Big-box retailers Home Depot and Lowe’s both announced their financial results for the fourth quarter of 2018. Check out the links below to learn more about the companies’ financials and what their respective CEOs had to say about business going …
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Home Depot is laying off employees within its U.S. exterior installation staff, Business Insider reports. According to the article, the layoffs affect fewer than 1,000 employees. “After reviewing the installation business, we’ve decided it’s right to wind down our roofing, …
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Big-box retailers Home Depot and Lowe’s are both aiming to improve their overall customer experience in 2019, according to separate reports. Home Depot is in the process of uniting its online and offline operations, a move that could change the …
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Home Depot is about 30 years younger than Lowe’s, but is now by far the home improvement industry leader in overall sales. Speaking to Seth Basham, managing director of equity research at Wedbush Securities, Business Insider outlines key differences between …
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Lowe’s has hired a second high-profile J.C. Penney executive, just two months after successfully recruiting the department store chain’s CEO. On July 20, Lowe’s named Joseph M. McFarland III as executive vice president of stores, effective Aug. 15. He will oversee Lowe’s …
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The Home Depot is adding home decor to its product offerings, Forbes reports. In an email sent to customers, the company confirms it’s planning to add furniture, bedding material, wall decor, tabletop accessories and other home accents to its inventory. …
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