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Home Depot

  • Cabela’s to open new store in Tulalip, Wash.

    Sidney, Neb. -- Cabela’s will open a store in Tulalip, Wash., in 2012.

    The 110,000-sq.-ft. store will be located within Quil Ceda Village on the Tulalip Tribes Indian reservation, about 30 miles north of Seattle. It will be the outdoor retailer’s second Washington store.

  • At Home Depot meeting, a variety of voices

    ATLANTA — Customer service, glue traps and corporate democracy were among the issues on the table at a wide-ranging Home Depot annual shareholders meeting in Atlanta Thursday.

     Home Depot’s shareholders approved the company's recommendations for its board of directors and executive pay structure. And it defeated a shareholder proposal regarding shareholder control of corporate political gifts.

  • Former Home Depot execs to expand LaVida Massage in Georgia

    Atlanta -- LaVida Massage said Wednesday it has named Duane Goodwin and Terry Sharp as Master Developers in the state of Georgia.

    Goodwin and Sharp, both former Home Depot senior executives based in Atlanta, will be charged with spearheading the regional growth and the development of several centers in Atlanta and throughout Georgia.

  • Chamberlain names new promotions

    ELMHURST, Ill. — The Chamberlain Group, a manufacturer of access control products, has announced two promotions. Dick Gregory has been promoted to VP Chamberlain retail sales, and Anthony Abate has been appointed marketing channel manager for retail national accounts.

  • Walmart, Home Depot each pledge $1 million for Joplin tornado relief

    New York — Walmart and The Home Depot have each pledged $1 million to help rebuilding efforts in tornado-ravaged Joplin, Mo.

    Each of the retailers had a store in Joplin that was leveled in the storm. Both stores had fatalities inside them.

    In a statement, Walmart said it has accounted for all of its associates working at the store at that time, but still is reaching out to all of its employees in the area. It also is working to direct truckloads of water, food and other basic items to Joplin.

  • Clarification: Target promotional efforts increased in April

    Last week’s issue of Target News Now contained some inaccurate information relating to the level of promotional activity during April at some of the nation’s leading retailers. The correct information along with a link to a revised chart provided by research company Market Track is below.

  • Home Depot Q1 net income rises, beats Street

    Atlanta -- Home Depot reported Tuesday that profit rose 12% in the first quarter, beating Wall Street estimates and causing the retailer to boost its outlook for the full year.

    Home Depot earned $812 million in the quarter ended May 1, compared with $725 million in the year-ago period.

    Revenue, however, slipped 0.2% to $16.82 billion on a weaker spring selling season, missing analysts’ expectations of $17.06 billion.

    Same-store sales dipped 0.6%, with U.S. stores down 0.7%.

  • Home Depot boosts earnings 12% in first quarter

    Atlanta-based Home Depot reported first quarter earnings of $812 million, up 12% from earnings of $725 million in the first quarter last year.

    Sales declined 0.2% to $16.8 billion, while comparable store sales were negative 0.6%. Comp-store sales for stores in the United States were negative 0.7%.

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