Several major big-box retailers and manufacturers recently released their Q1 2022 financials; here’s a look at how each performed in the first quarter of this year. The Home Depot The Home Depot reported $38.9 billion in sales for the first …
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Big-Box Q4 and 2021 Financials Roundup
Several major big-box retailers and manufacturers recently released financial results. Here’s a look at how each performed in the last quarter of the fiscal year and fiscal year 2021. Lowe’s In Q4 2021, Lowe’s reported net earnings of $1.2 billion …
Read More »Big-Box Q3 Financials Round-Up
This week, several Big-Box organizations released their Q3 financials, with most reporting continued sales increases in an already successful year. Lowe’s reported net earnings of $1.9 billion and diluted earnings per share (EPS) of $2.73 for the third quarter. Those …
Read More »Target to Offer $15 Minimum Wage
Target has announced plans to increase its minimum wage for employees to $15 per hour, up from its current rate of $13, CNN reports. The new pay rate will apply to 275,000 part-time and full-time employees at its retail spaces, …
Read More »Target Posts Significant E-Commerce Growth in Q1 2020
In its first-quarter 2020 financial results, big-box retailer Target reports total revenue of $19.6 billion, an 11.3 percent rise from the same period in 2019. While its stores remained open amid COVID-19 in the U.S., Target also experienced significant digital …
Read More »Tracking 2 Years of Big-Box Housewares Sales
The housewares category is a growing opportunity for many independent retailers. Whether you stock housewares items to serve wholesale customers or your DIY customers keep asking for the latest kitchen gadgets and small appliances, the category is broad and can …
Read More »2019 Home Improvement Headlines
2019 was a year full of home improvement headlines, including new leadership, new services and new possibilities for the channel. Review 2019 home improvement headlines to get a fuller picture of the year using the links below. *** December 2018 …
Read More »Walmart, Target Have Diverging Plans for Retail Robots
Walmart and Target are both using artificial intelligence to streamline their operations, but how each company is making use of retail robots underscores the possibilities and pitfalls of in-store robotic technology, an article from CNN reveals. Walmart is investing heavily …
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