PYMNTS-MonitorEdge-May-2024

Home Depot

Home Depot, Inc. is the largest home improvement retailer in the United States, supplying tools, construction products, and services. The company is headquartered at the Atlanta Store Support Center in unincorporated Cobb County, Georgia.

When The Home Depot was founded in 1978, Bernie Marcus and Arthur Blank had no idea how revolutionary this new “hardware store” would be for home improvement and the retail industry.

Source: homedepot.com

Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
Home Depot’s SRS Deal Boosts B2B and Trade Finance Strategy Across Digital Channels
March 28, 2024  |  B2B Payments

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,...

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Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal
Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal
March 28, 2024  |  Acquisitions

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...

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Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
Retailer Concerns About Organized Crime Escalate Amid Ongoing Losses
March 18, 2024  |  Retail

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...

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Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
Home Depot Adds Security Measures, Remains Committed to High-Theft Locations
March 15, 2024  |  Retail

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...

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Home Depot Caters to Click-and-Mortar™ Shoppers to Boost Spending
Home Depot Caters to Click-and-Mortar™ Shoppers to Boost Spending
February 20, 2024  |  Retail

As retailers look to drive omnichannel engagement to boost customers’ spending, Home Depot is linking the online shopping experience to its physical stores, catering to...

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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...

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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...

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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...

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Shein and Walmart Vie for Top Spot on Provider Ranking of Shopping Apps
Shein and Walmart Vie for Top Spot on Provider Ranking of Shopping Apps
October 16, 2023  |  Mobile Applications

This month in PYMNTS’ Provider Rankings of Shopping Apps we see Walmart climbing to the top, giving Shein something to fight for. We also see double ties...

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