home improvement

Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
Digital Experience, Trade Credit Mark Home Depot’s B2B Strategy
February 20, 2024  |  Earnings

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...

READ MORE >
Synchrony to Acquire Ally Financial’s POS Financing Arm
Synchrony to Acquire Ally Financial’s POS Financing Arm
January 19, 2024  |  Partnerships

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...

READ MORE >
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
Lowe’s Cuts Sales Forecast as Consumers Decide Against DIY
November 21, 2023  |  Earnings

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....

READ MORE >
Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
Home Depot: DIYers Hammer Away at Pocket-Friendly Projects
November 14, 2023  |  Earnings

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...

READ MORE >
Home Depot Sees B2B Driving Growth ‘For Years and Years’
Home Depot Sees B2B Driving Growth ‘For Years and Years’
November 14, 2023  |  Earnings

Pressures from a subdued housing market and dampened spending are impacting the home improvement industry. The Home Depot, the world’s largest home improvement retailer, on...

READ MORE >
Lowe’s Same-Day Service Delivery Goes Nationwide
Lowe’s Same-Day Service Delivery Goes Nationwide
July 19, 2023  |  Retail

Lowe’s is taking its same-day delivery offering nationwide. The home improvement retailer on Wednesday (July 19) announced it was expanding that offering via a partnership with last-mile transportation...

READ MORE >
Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
Home Depot Sales Dip 4.2% in Q1, Execs Point to Order Fulfillment as Bright Spot
May 16, 2023  |  Earnings

The pandemic home improvement wave has crested, as evidenced by first quarter results reported by The Home Depot, which is seeing a deceleration in its...

READ MORE >
Home Depot’s Sales Fall as Consumers Hold Off on Renovations
Home Depot’s Sales Fall as Consumers Hold Off on Renovations
May 16, 2023  |  Retail

The Home Depot missed Wall Street revenue expectations for the second quarter in a row. The home improvement retailer on Tuesday (May 16) reported earnings...

READ MORE >
Jumia Expands to West Africa With Retailer Leroy Merlin
Jumia Expands to West Africa With Retailer Leroy Merlin
March 22, 2023  |  Retail

Pan-African eCommerce firm Jumia has agreed to sell retailer Leroy Merlin’s products in West Africa. The agreement is part of Jumia’s plan to halve costs and extend its reach...

READ MORE >