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, …
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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 …
Read More »Home Depot Partners With Instacart
Home Depot and delivery service provider Instacart have announced a partnership. The new relationship will offer customers nationwide same-day delivery as fast as one hour from Home Depot’s nearly 2,000 store locations. Customers can now order a wide range of …
Read More »Home Depot to Acquire SRS Distribution
The Home Depot, the world’s largest home improvement retailer, has entered into a definitive agreement to acquire SRS Distribution Inc. (SRS), a residential specialty trade distribution company that serves the professional roofer, landscaper and pool contractor. SRS will accelerate The …
Read More »The Home Depot Launches Homeowners Hub
In an effort to better serve millennials, The Home Depot has created the Homeowners Hub. The online destination will provide DIY guides, product recommendations and design inspiration, catering to millennials’ struggles with home improvement projects. According to research done by …
Read More »Home Improvement Industry Leaders Gather in North Carolina
Sales and marketing leaders from across the home improvement manufacturing landscape came together for the 52nd spring meeting of the Hardware Marketing Council (HMC) held May 30-June 1 at The Washington Duke Inn in Durham, North Carolina. HMC is made …
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