home improvement

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...

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Lowe’s Invites Applications for Live Product Sourcing Event
Lowe’s Invites Applications for Live Product Sourcing Event
March 07, 2023  |  Retail

Lowe’s is inviting businesses to apply for an opportunity to pitch their products in person. The 1,700-store home improvement company will hold its second live...

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Lowe’s Says Pro and DIY Look Solid as It Adds to Payments and Loyalty Offerings
Lowe’s Says Pro and DIY Look Solid as It Adds to Payments and Loyalty Offerings
March 01, 2023  |  Earnings

Home improvement retailer Lowe’s is focusing on its Pro business and making other operational changes as it seeks to sustain the home improvement run. During...

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Home Depot CEO Says Contractor Spend Remains Strongest Business Line
Home Depot CEO Says Contractor Spend Remains Strongest Business Line
February 21, 2023  |  Earnings

For the first time since 2019 The Home Depot missed Wall Street’s revenue expectations. This, as the home improvement retailer provided a muted outlook to...

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The Home Depot Adds Membership Tiers to B2B Loyalty Program
The Home Depot Adds Membership Tiers to B2B Loyalty Program
January 05, 2023  |  B2B Payments

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...

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Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
Lowe’s Says Home Remodeling Trend Still Strong and Set to Boom
November 16, 2022  |  Retail

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...

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Strong Home Improvement Demand Powers Home Depot’s Q3
Strong Home Improvement Demand Powers Home Depot’s Q3
November 15, 2022  |  Retail

Despite inflation, supply chain snags and a tight labor market, Home Depot enjoyed an increase in sales in its third quarter due to continued demand...

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Lowe’s Brings Digital Twins to World of Home Improvement
Lowe’s Brings Digital Twins to World of Home Improvement
September 20, 2022  |  Technology

Lowe’s has unveiled what it calls its industry’s first “interactive digital store twin,” the home improvement chain said in a press release Tuesday (Sept. 20)....

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SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding
SMB Financing FinTech Credibly Announces ProApprove Acquisition, $350M in Funding
June 13, 2022  |  Acquisitions

Credibly, a Michigan-based FinTech lending platform, on Monday (June 13) announced a pair of deals it said will drive growth in the home repair-financing space....

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