Marvin Ellison news and trends

Home Depot Beefs Up Same-Day Delivery
Retail // September 27, 2018

Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The new service is part of the company’s five-year expansion of its delivery offerings for DIY...

Lowe’s Q2 Earnings Beat Expectations
Retail // August 23, 2018

Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. The home improvement retailer reported net income of $1.52 billion ($1.86 a share) for the quarter ending August 3, compared with $1.42 billion ($1.68 per share) the previous year. With the exclusion of...

JCPenney Seeks To Bring Moms Into Its Stores
Retail // July 26, 2018

As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had previously tried to reach millennials, the Wall Street Journal reported. With the new effort, the retailer held a “Shark Tank” event at its corporate...

JCPenney Announces Job Cuts, Shake Up
Retail // March 02, 2018

After reporting weak Q4 earnings, JCPenney is cutting its workforce in a move that could save the company up to $25 million per year. The retailer is trimming 360 jobs, including 130 positions in its headquarters, CNBC reported. “Just as we conduct a review of...

Quick Reads
Lowe’s, Instacart Offer Nationwide Same-Day Delivery

September 08, 2022
Lowe’s and grocery delivery firm Instacart have rolled out a new same-day delivery option across the U.S., a company press release says. Lowe’s will reportedly be one of the first retailers on Instacart’s app to debut same-day and scheduled delivery for large items, up to 3x3x5 feet and 60 pounds. Customers will be able to […]

Home Depot Beefs Up Same-Day Delivery

September 27, 2018
Home Depot announced that it has launched express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metros across the U.S. The...

Lowe’s Q2 Earnings Beat Expectations

August 23, 2018
Lowe’s announced its second quarter earnings and sales, beating out analysts’ expectations. The home improvement retailer reported net income of $1.52 billion ($1.86 a share) for the quarter ending August...

JCPenney Seeks To Bring Moms Into Its Stores

July 26, 2018
As JCPenney has shifted strategies and experienced three different chief executives in about seven years, the retailer is now focusing on reaching moms. It had previously tried to reach millennials, the Wall...