As retailers feel shoppers’ belt-tightening behaviors hurt sales, many are turning to in-store retail media to increase their revenue and profit margins. Mega-retailer Walmart, for its part, shared in a news release Monday (April 1) how it is expanding its efforts in the space. “The shopping journey...
Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem. With B2B services and trade finance tied to it all, the deal might solidify loyalty among professional contractors,...
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 speed its growth with its professional customer base, and expand its total addressable market to approximately $1 trillion. “SRS is...
As retailers face ongoing margin pressures from a difficult economic environment, many are growing increasingly concerned about the losses they may be accruing from theft from organized crime gangs. A recent Alameda Police Department news release highlighted $75,000 in recovered retailer property as part of a...
October 09, 2023
Why do so many shoppers like Target or Walmart? For some, it’s considered a nearby oasis that offers affordable prices on a diverse range of products. From groceries to clothing and electronics, these big format retailers provide a one-stop seamless shopping experience. However, in light of recent developments in the retail sector, one may wonder […]
October 02, 2023
The intersection of technology, social dynamics and economic factors has created an environment where theft — both individual and organized — has proliferated. And H&M is the most recent victim...
June 17, 2022
With smartphone penetration a done deal, 4G speeds now common and all our food and merchandise orderable online and delivered straight to the front door, you might guess the digital...
March 28, 2024
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 speed its growth with its professional customer base, and expand its total addressable market to approximately $1 trillion. “SRS is an industry leader with a proven track record of profitable […]
March 15, 2024
Despite rampant retail theft forcing many retailers to close their doors, Home Depot has reportedly reaffirmed its commitment to major U.S. cities such as Detroit, Philadelphia and Oakland, California. The home...
May 16, 2023
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 that showed sales of $37.3...
January 05, 2023
Home Depot has added new membership tiers to its B2B loyalty program. The Pro Xtra loyalty program for professional contractors and builders now has three tiers and enables pros to earn additional benefits...
