As economic pressures continue to constrain consumers’ spending power, Shipt is seeing on-demand delivery shoppers turn to deals and concentrate their engagement around peak times....
DoorDash has entered the home improvement category with a new partnership with Lowe’s. The on-demand delivery aggregator now offers gardening tools, spring cleaning essentials, do-it-yourself...
Home Depot is acquiring SRS, a distribution company for roof, landscaping and pool contractors. The home improvement giant says the $18.2 billion deal, announced Thursday (March 28), will...
Ed O’Donnell, CEO of Versatile Credit, said that embedded finance can — and already is — transforming smaller businesses’ competitive dynamics. “Technology’s been the great...
Consumers are forgoing big-ticket home projects, a fact that is cutting into Lowe’s revenue. The home improvement retailer released earnings Tuesday (Feb. 27) that showed sales for its most...
The Home Depot, the world’s largest home improvement retailer, is shrinking its 2024 earnings guidance. “After three years of exceptional growth for our business, 2023...
Synchrony and Ally Financial have reached a definitive agreement for Synchrony to acquire Ally’s point-of-sale financing business. This acquisition includes $2.2 billion of loan receivables and relationships with...
Consumers are putting do-it-yourself (DIY) projects on hold, which is bad news for Lowe’s. The home improvement chain has slashed its full-year sales outlook, saying Tuesday (Nov....
Sticking to the same DIY rhythm as the previous quarter, Home Depot continues to see consumers hammering away at small projects instead of diving into...