Home Depot/page/2 news and trends

Cautious Consumers, Hurricane Spend Define Home Depot’s B2B-Focused Third Quarter

November 12, 2024
Home Improvement Expected to Pick Up Amid Lower Interest Rates
Retail // October 22, 2024

The home improvement business is reportedly expected to pick up, driven by lower interest rates and higher property values. More homeowners are borrowing against the rising value of their properties and considering spending on home repairs and renovations as interest rates drop, the Wall Street...

Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation’ Complaint
Legal // September 16, 2024

Home Depot will pay nearly $2 million to settle a civil law enforcement complaint alleging overcharging and false advertising. The $1,977,251 settlement involves a problem often called a “scanner violation” in which the price on the item or the item’s shelf tag is not the...

Home Depot Looks for B2B Buffer Against Softening Consumer Spend
Earnings // August 13, 2024

Home Depot currently gets around half of its sales from professional builders and contractors. According to the company’s executives on Tuesday’s (Aug. 13) second-quarter 2024 earnings call, the world’s largest home improvement retailer will need to continue to win over a greater share of this...

Doomsday Ready: Costco Aims to Be the Go-To Retailer for Preppers
Retail // July 27, 2024

As many consumers look for ways to ease their doomsday anxieties, Costco is positioning itself as the go-to retailer for consumers who are worried about worst-case scenarios. The warehouse club retailer is selling a discounted Emergency Preparedness Food Bucket promising 150 just-add-water food and beverage...

Interviews & Exclusives
Target’s New Strategy? Locking Up Essentials, Letting Luxury Loose

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 […]

As Target Closes Stores, H&M Looks to Tech to Stop Retail Theft 

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...

On The Agenda: The Power of Payments in Driving Digital Transformation

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...

Quick Reads
Home Improvement Expected to Pick Up Amid Lower Interest Rates

October 22, 2024
The home improvement business is reportedly expected to pick up, driven by lower interest rates and higher property values. More homeowners are borrowing against the rising value of their properties and considering spending on home repairs and renovations as interest rates drop, the Wall Street Journal (WSJ) reported Tuesday (Oct. 22). The home improvement business […]

Home Depot Agrees to $2 Million Settlement in ‘Scanner Violation’ Complaint

September 16, 2024
Home Depot will pay nearly $2 million to settle a civil law enforcement complaint alleging overcharging and false advertising. The $1,977,251 settlement involves a problem often called a “scanner violation”...

Home Depot Teams With Instacart to Bolster eCommerce Offerings

May 23, 2024
Home Depot teamed with Instacart to offer customers same-day delivery on home improvement products. The partnership offers delivery in as fast as an hour from nearly 2,000 stores, according to a Thursday (May 23) press...

Home Depot Expands Pro Market Footprint With $18 Billion SRS Deal

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...