During the first quarter of 2025, big-box home improvement retailers Lowe’s, Home Depot and Tractor Supply Company saw year-over-year increases in net sales but declines in net earnings. See the round-up and side-by-side comparisons below and read the full stories …
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Target Reports 2.8% Decrease in Net Sales for Q1 2025
Target Corporation released its financial results for Q1 2025, reporting net sales in Q1 of $28.8 billion, down 2.8% from Q1 of 2024 due to a decrease in merchandise sales. Comparable store sales decreased 3.8% in the first quarter, reflecting …
Read More »Walmart Sees $108.7 Billion in Net Sales in Q1 2025
Walmart recently released its financial results for the first quarter of 2025. Net sales for the quarter reached $108.7 billion, led by growth in the health and wellness and grocery categories. Walmart reported an increase of 4.5% in comparable store …
Read More »Orgill Executives Provide Insights on Navigating Market Volatility
Headline after headline warns of the impending impact of global economic shifts, tariffs and other supply chain challenges on retailers. To better understand the realities of what’s happening in the hardlines supply chain and how retailers can best prepare for …
Read More »Lowe’s Expands Online Marketplace With New Partnership
Lowe’s is bringing its customers more options than ever through its new online marketplace, launched in December 2024. Now, Lowe’s is accelerating the growth of its marketplace with a partnership with Mirakl, a global marketplace technology company. Through this partnership, …
Read More »Ace Retail Holdings to Relocate Store Support Center
Ace Retail Holdings, the parent company of Westlake Ace Hardware, Great Lakes Ace Hardware and other retail brands, announced it will relocate its Store Support Center (SSC) from its current location in Lenexa, Kansas, to a complex in Overland Park, …
Read More »Lowe’s Reports 1.04% Decrease in Total Sales for Q1 2025
Lowe’s reported its Q1 2025 financials, marking $20.9 billion in total sales, a 1.04% decrease year over year. Comparable store sales for the quarter decreased 1.7% as unfavorable weather early in the quarter was offset by mid-single-digit pro and online …
Read More »Arrow Fastener Changes Name to Arrow Tool Group
Arrow Fastener announced it will now be operating under the name Arrow Tool Group, effective immediately. “For nearly a century, Arrow has stood for American ingenuity, hands-on reliability and practical solutions that professionals and DIYers depend on,” says Roberto Izaguirre, …
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