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 …
Read More »Tag Archives: Lowe’s
How the Big Boxes Fared in 2024
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 …
Read More »Lowe’s Reports Q4 2024 Financials
Lowe’s Companies reported a comparable sales increase of 0.2% in Q4 2024, driven by high single-digit pro and online comparable sales, a strong holiday performance and rebuilding efforts after recent hurricanes. Total sales for the quarter were $18.6 billion. “Our results …
Read More »Lowe’s Relaunches Loyalty Program for Professionals
Lowe’s recently announced an update for its existing loyalty program for industry professionals, MVPs Pro Rewards. The program will now become MyLowe’s Pro Rewards™, geared towards small-to-mid-sized professionals. With the new program, users start earning points from sign-up and can …
Read More »Home Depot Partners With DoorDash, Uber Eats
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 …
Read More »Lowe’s Announces 2025 Growth Initiatives
Lowe’s hosted its 2024 Analyst and Investor Conference, where it provided an update on its key growth and productivity initiatives, as well as short-term and long-term financial targets. “As we look ahead to the expected recovery in home improvement, we …
Read More »See How the Big Boxes Fared in Q3 2024
Multiple big-box retailers, along with Ace Hardware, recently released their third quarter financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data to show how big-box retailers fared in Q3. Ace Hardware …
Read More »Big-Box Retailers Adjust Store Hours for the Holidays
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 …
Read More »