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Home Depot Reports Q2 Financial Growth

home depot sales

Big-box home improvement retailer Home Depot has released its second-quarter 2019 financial results, reporting second-quarter sales of $30.8 billion. This figure represents a 1.2 percent increase over the same period in 2018 and a 16.6 percent increase over the company’s …

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U.S. Homebuilder Confidence Rises

homebuilder confidence

U.S. homebuilders are feeling more confident about the economy and their trade, based on the latest Housing Market Index released by the National Association of Home Builders (NAHB) and Wells Fargo. Overall, homebuilder confidence rose to 66 points in August, …

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FedEx Delivers Big News to Amazon

fedex

Shipping giant FedEx has told Amazon it does not plan to renew its ground delivery contract with the e-retailer when it expires later this month, reports the Los Angeles Times. The news comes after Amazon has begun developing its own …

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STIHL Joins National Workforce Initiative

national workforce initiative

Students attending STIHL Inc.’s Manufacturing Technology Summer Camp, held in July at the company’s headquarters in Virginia Beach, Virginia, had a surprise visitor. U.S. Secretary of Commerce Wilbur Ross showed up to promote the White House’s Pledge to America’s Workers …

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Lowe’s Lays Off Thousands of Employees

employees

Lowe’s has eliminated thousands of positions across the company, including many maintenance and assembly employees, reports The Wall Street Journal. Many of the workers affected by the announcement put together “grills, wheelbarrows and other products,” according to the report. Now, …

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Home Depot CFO Chats Millennials, Pro Services

home depot cfo

Appearing on CNBC’s “Mad Money,” Home Depot executive vice president and CFO Carol Tomé gave insight into the company’s interest in millennial homeowners, how it’s using technology to personalize retail experiences for pro customers and how home improvement leadership has …

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