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Home Depot

  • Home Depot to hold more than 700 in-store hurricane workshops

    Atlanta -- The Home Depot announced a single-day effort to prepare residents in storm-prone regions for the upcoming hurricane season. On July 27, Home Depot said it will host Hurricane Preparedness Workshops at more than 700 of its stores from the Gulf Coast to New England.

    The expansion of the workshops is one of several preemptive measures the company is taking in preparation for 2013 hurricane activity, which is once again predicted to be above average.

  • Lowe's Q1 sales fall

    New York -- Cool weather affected sales at Lowe's for the first quarter ended May 3. 

    Lowe’s saw net earnings of $540 million for the quarter, a 2.5% increase over the same period a year ago. Sales for the quarter decreased 0.5% to $13.1 billion from $13.2 billion in the year-ago quarter, while comparable-store sales decreased 0.7%. 

    The world’s second largest home improvement retailer reported its results a day after rival Home Depot announced first-quarter sales of $19.1 billion, up 7.4%.

  • Lowe's Q1 sales feel the chill

    Cool weather affected sales at Lowe's for the first quarter ended May 3. 

    Lowe’s saw net earnings of $540 million for the quarter, a 2.5% increase over the same period a year ago. Sales for the quarter decreased 0.5% to $13.1 billion from $13.2 billion in the year-ago quarter, while comparable-store sales decreased 0.7%. 

    The world’s second largest home improvement retailer reported its results a day after rival Home Depot announced first-quarter sales of $19.1 billion, up 7.4%.

  • Pinterest adds info to retail pins

    San Francisco – Pinterest, the social sharing network that many retailers use to promote products, is allowing users to share more information with their pins. Pins may now include data such as pricing, availability and where to buy products, recipe information and detailed information about movies.

    So far, retailers including Home Depot, Anthropologie, eBay, Neiman Marcus, Nordstrom and Wal-Mart are partnering with Pinterest to make more product information available on pins originating from their e-commerce sites.

     

  • Home Depot sales, earnings rise

    Atlanta – The Home Depot reported sales of $19.1 billion during first quarter fiscal 2013, a 7% increase from $17.8 billion in the same quarter of 2012. Home Depot credited $574 million of this $1.3 billion increase to the addition of an extra week to the first quarter of this year. Net earnings rose 20%, from $1 billion to $1.2 billion.

  • Bad weather can’t hold back Home Depot Q1

    The Home Depot shrugged off bad weather, and thanks, in part, to a recovering housing market, the company reported first quarter sales of $19.1 billion, up 7.4% from last year's quarter, which had one less week. 

    On a like-for-like basis, comparable store sales for the first quarter were positive 4.3%. U.S. stores comps were positive 4.8%, also on a like-for-like basis.

  • Tabbedout wines and dines with Google Wallet

    AUSTIN, Texas — Tabbedout has teamed up with Google to offer Google Wallet as a payment source in the Tabbedout app for Android. Consumers will now have the opportunity to pay from their smartphones, using their Google accounts, at thousands of Tabbedout locations. 

  • Mobile platform expands e-footprint

    ST. LOUIS — Aisle411, a mobile retail navigation service, has expanded its mobile shopping and searchable store maps smartphone app’s e-footprint. Consumers can now use the app at more than 12,000 retail stores nationwide. 

  • Brand Value: Some Lose Their luster

    One hundred and forty one billion dollars. That's the estimated brand value of Walmart, according to Interbrand's "Best Global Brands" report. The annual study ranks the 50 most valuable U.S. retail brands, along with the top store brands in countries around the world.

  • Easter Bunny unkind to Office Depot

    BOCA RATON, Fla. — The timing of the New Year and Easter holidays negatively affected Office Depot’s first quarter sales which declined 5% to $2.7 billion and led to a $17 million loss compared to a profit of $41 million in the first quarter of 2012. 

     

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