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Home Depot

  • Report: Lowe’s investing to win customers

    New York -- Lowe's is going on the offensive, and investing in a wide array of initiatives to win shoppers from rival The Home Depot.

    “Everything we did [in the past] was store-centric. Today, we are all about the customer. So, it's about meeting the customer on their terms, no matter how they choose to interact with Lowe's: Whether it is in their room, at their jobsite, on the phone or on the web,” Robert Hull, CFO, Lowe’s, told Reuters.

  • Towne Centre Plaza acquired by Retail Connection and North American Development

    Dallas -- The Retail Connection and North American Development Group announced the purchase of Towne Centre Plaza, a 94,109-sq.-ft. property located across from Town East Mall in Mesquite, Texas. 

    The shopping center was built in 2002 on 8.8 acres and features Bed Bath & Beyond and Best Buy as tenants. The Retail Connection is currently in negotiations for the 23,000-sq.-ft. vacancy in the center with a national tenant, which, when leased will bring the center back to 100% occupancy.

  • It’s an honor just to be nominated

    All retailers want to be perceived as great places to work and build a career as it aids in recruitment and retention of employees in an industry where costs associated with notoriously high rates of turnover cause a drag on performance.

  • Sam’s Club tops across all industries in customer loyalty rankings

    Waban, Mass. -- Sam's Club, Aldi, Publix Super Markets, Amazon.com, and H.E.B. are the retailers with the most loyal customers according to a new study by Temkin Group. The report, the 2012 Temkin Loyalty Ratings, rates the loyalty that consumers have to 206 large companies across 18 industries.

  • Former Home Depot CEO leaves post at firearms maker

    ATLANTA — Robert Nardelli, former Home Depot and Chrysler CEO, said Friday he is stepping down from his current post as CEO of firearms maker Freedom Group.

    Nardelli held the Freedom Group post for just two months before deciding to depart.

    He said in a statement Friday that it was a good time for him to focus on his investment and consulting company, XLR-8 LLC.

    Freedom Group said it expects to name a permanent successor for Nardelli soon.

  • Market Track: February 2012

    Overall, February witnessed a year-over-year decline in total flyer circulation per market as well as pages per market. Conversely, the biggest change in this month was witnessed by Walmart, which saw a considerable jump in flyer circulation as well as the number of pages. This dramatic increase of 122% increase in flyer drop was mainly due to the two extra flyers dropped in the second and fourth week of February this year unlike the previous year.

  • Former Home Depot chief leaves firearms post

    Atlanta -- Robert Nardelli, former Home Depot and Chrysler CEO, said Friday he is stepping down from his current post as CEO of firearms maker Freedom Group.

    Nardelli held the Freedom Group post for just two months before deciding to depart.

    He said in a statement Friday that it was a good time for him to focus on his investment and consulting company, XLR-8 LLC.

    Freedom Group said it expects to name a permanent successor for Nardelli soon.

  • Martha Stewart builds partnership with The Home Depot

    ATLANTA — The Martha Stewart brand continues to resonate with consumers, which is why it is no suprise that The Home Depot has extended its agreement with Martha Stewart Living Omnimedia to offer Martha Stewart Living branded products at its 2,000-plus stores through March 2016.

    The agreement also calls for an expansion of products offered. 

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