The Home Depot announced the acquisition of a 1.4 million-square-foot distribution center (DC) in Savannah, Georgia. The Savannah DC will employ around 250 associates and will support hundreds of Home Depot stores, as well as hurricane relief during times of …
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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 »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 »Home Depot Releases Q3 Financials, Comparable Sales Down Again
The Home Depot reported its eighth consecutive quarter of a decrease in comparable sales, as comparable sales fell 1.2% in Q3. The retailer also reported sales of $40.2 billion, an increase of 6.6% year over year. “While macroeconomic uncertainty remains, …
Read More »Home Depot Co-Founder Bernard Marcus Dies at 95
Bernard “Bernie” Marcus, the co-founder of The Home Depot, died Monday at the age of 95. According to a news release from Home Depot, Marcus was the son of Russian Jewish immigrants and grew up in a tenement in Newark, …
Read More »How Big-Box Retailers Are Using AI
In the August issue of Hardware Retailing, retailers and wholesalers shared the ways they are using artificial intelligence (AI) in their operations. The ways retailers are using AI run the gamut from marketing to inventory management to loss prevention and …
Read More »8 Home Improvement Companies Make NRF’s 2024 List of Top 100 Retailers
The National Retail Federation (NRF) released its annual list of the Top 100 Retailers. The 2024 Top 100 Retailers ranks the industry’s largest companies according to domestic sales. The list was compiled by Kantar, a global marketing data, insight and …
Read More »The Home Depot Completes SRS Distribution Acquisition
The Home Depot has completed the acquisition of SRS Distribution (SRS) for $18.25 billion earlier than anticipated. SRS is a residential specialty trade distribution company that serves professional roofer, landscaper and pool contractors. The SRS agreement was previously announced in …
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