PYMNTS-MonitorEdge-May-2024

home improvement

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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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...

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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...

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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...

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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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