Home improvement company Lowe’s saw growth in its Pro, online and Home Services businesses in the fourth quarter while the do-it-yourself business remained muted. Consumers remained reluctant to make significant investments in their homes amid the current economic uncertainty, so they continued to delay big-ticket,...
Home Depot is cutting 800 roles in its technology organization and other corporate teams, CNBC reported Wednesday (Jan. 28), citing a company spokesperson. About 150 of the employees were based at the company’s headquarters in Atlanta, and the rest worked remotely, according to the report....
The traditional consumer journey from initial home project idea to completed build is notoriously inefficient, opaque and cash intensive. Retailers and construction managers are now turning to artificial intelligence (AI) to create a streamlined, digitally native decision path that dictates where and how money is...
When it comes to consumer and corporate confidence, the bellwethers are increasingly ringing the alarm. That was the case on Home Depot’s third-quarter 2025 investor earnings call Tuesday (Nov. 18). “We believe that consumer uncertainty and continued pressure in housing are disproportionately impacting home improvement...
December 10, 2025
The traditional consumer journey from initial home project idea to completed build is notoriously inefficient, opaque and cash intensive. Retailers and construction managers are now turning to artificial intelligence (AI) to create a streamlined, digitally native decision path that dictates where and how money is spent. AI Assists Employees, Shoppers Lowe’s has deployed Mylow Companion […]
April 03, 2024
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. In an interview with PYMNTS,...
February 28, 2024
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 equalizer,” he said, “for small-...
November 16, 2022
The nation’s second-largest chain of hardware stores said Wednesday (Nov. 16) that its commercial or “Pro” business grew 19% last quarter, as consumers continue to invest in home remodeling projects...
April 21, 2026
In a home improvement market that has been flat, The Home Depot is looking to grow by gaining share among professional contractors and builders, the Financial Times reported Tuesday (April 21). The home improvement retailer, which has traditionally served do-it-yourselfers, has made “Win the pro” a mantra, according to the report. Home Depot is pursuing […]
February 25, 2026
Home improvement company Lowe’s saw growth in its Pro, online and Home Services businesses in the fourth quarter while the do-it-yourself business remained muted. Consumers remained reluctant to make significant...
January 28, 2026
Home Depot is cutting 800 roles in its technology organization and other corporate teams, CNBC reported Wednesday (Jan. 28), citing a company spokesperson. About 150 of the employees were based...
November 05, 2025
LendingClub has partnered with Wisetack as it expands into the home improvement financing market. The partnership aims to accelerate LendingClub’s move into this space by allowing the company to leverage...
