Content about Home Depot

July 9, 2014

In their latest round of back-to-back earnings call presentations, Home Depot and Lowe’s trotted out statistics for a weather-beaten first quarter, along with insights on what worked and what didn’t.

Michael Jones stepped into the role of Lowe’s chief customer officer by stepping up to the microphone. Jones, who replaced the retiring Greg Bridgeford earlier this year, walked analysts and investors through Lowe’s performance, which saw a comp-store sales increase of 0.9%.

July 3, 2014

Irvine, California-based Insteon says its home automation and control technology products are now available in Microsoft retail stores.

The company’s connected-home devices are also available through MicrosoftStore.com and at such stores as Best Buy, The Home Depot, Walmart, Sears and Menards, among others. 

July 1, 2014

AZEK, Home Depot and OrePac all teamed up Thursday, June 19th to help spruce up a garden for disabled vets in San Bernardino, California.

The Veterans Exploration Garden in Speicher Memorial Park received a new AZEK Paver walkway (which is made with 95% recycled materials) for smoother wheelchair access.

June 25, 2014

Marvin Ellison, EVP U.S. stores for Home Depot, took the mic at the Oppenheimer Consumer Conference Wednesday, where he dedicated his time to discussing the retailer's approach to ever-evolving customer service needs.

June 25, 2014

Quirky, the New York City-based start-up that stakes its claim on propelling everyday ideas into products, has set its sights on leveling the playing field within the burgeoning smart home industry.

June 4, 2014

Eco Building Products, Inc. has secured up to $3.4 million in financing to help it meet existing levels of demand and expand for future growth, a development the company attributes to a mysterious "Major Big Box Customer" (read: Home Depot).

The funds will go toward filling a backlog of pending purchase orders and to increase its production capacity at its manufacturing facilities.

June 4, 2014

Home Depot will set the stage for the launch of a new 488-color palette from PPG Industries' Glidden brand.

As of June 1, the palette will be available to Home Depot customers nationwide as an intentional reflection of their preferences and behaviors.

June 4, 2014

Father's Day and Fourth of July events at the world's largest home improvement retailer include expanded assortments of LED light bulbs and folding lawn mowers.

During the company's first-quarter earnings call with analysts and investors, Home Depot president U.S. retail Craig Menear spelled out four product introductions that he said will "generate a lot of excitement in the second quarter."

June 4, 2014

Rewards leaders from McDonald’s, Home Depot and Kraft Foods shared what their companies are doing to differentiate and reward performance during a panel discussion at the 2014 WorldatWork Total Rewards Conference, held here May 19-21. The discussion was moderated by Hay Group, a pay consultancy.

 

Home Depot: Awarding performance and potential

June 4, 2014

Following the gathering of “open carry” gun enthusiasts at a Texas Home Depot, most HCN readers indicated they would have no problem with a similar event at their locations.

In fact, in a recent survey, 58% said they would welcome gun owners with open arms, compared with 31% who said they would invite those carrying guns to disperse.

May 28, 2014

Former Home Depot marketing executive Frank Bifulco was named executive VP marketing for Framingham, Massachusetts-based Staples.

In the newly created role, Bifulco will lead marketing across the office supply company's operations.

May 23, 2014

Cordelia Lighting is recalling its Commercial Electric Fluorescent Shop Lights from Home Depot shelves after receiving 888 incident reports.

According to the Consumer Product Safety Commission, the lamp sockets have a tendency to foster loose connections, which creates a potential fire hazard.

Of the many reports, 382 have involved smoking, 328 units have caught on fire, 173 involved sparking and five units exhibited electrical arcing. No injuries have been reported.

May 20, 2014

The Home Depot this morning reported first quarter sales of $19.7 billion, up 2.9% from last year's first quarter. Comparable-store sales were up 2.6%. Comp-store sales for U.S. stores were positive 3.3%.

The Atlanta-based retail giant also reported double-digit growth in net earnings -- up 12.5% to $1.38 billion. 

May 20, 2014

Home Depot’s sales for the first quarter were below expectations, but don’t blame the housing market, blame the weather.

That’s how Atlanta, Georgia-based Home Depot CEO Frank Blake sees the events of the first quarter. The company posted sales of $19.7 billion, up 2.9%.

May 20, 2014

Home Depot (HD) was one of two HCN Top 30 stocks to experience positive momentum on Tuesday following the release of its encouraging earnings report.

May 15, 2014

The Home Depot is helping the nation prepare for the warmer months with a series of hurricane workshops being held across the nation on Saturday, May 31, the first day of hurricane season.

April 25, 2014

A three-pronged approach to reaching the pro, including an expanded pro program at Home Depot, is the new brand strategy from Pittsburgh-based PPG Industries' branding makeover.

The company describes the new brand strategy as a way to better serve the professional customer. 

The three elements of the plan are:

April 17, 2014

According to a new Wall Street Journal report, Home Depot is focusing its efforts these days on the expansion of its e-commerce business, which means no new store openings for the time being.

April 14, 2014

The launch of a bilingual pro-contractor magazine has Home Depot’s VP pro business seeing opportunity to reach more customers.

The magazine -- Pro Construction Guide/Constru-Guia al dia -- is described as the first fully bilingual pro-targeted magazine in the U.S. It will be available for free in about 2,000 Home Depot stores.

April 8, 2014

The Home Depot has earned a 2014 Energy Star Partner of the Year -- Sustained Excellence award from the U.S. Environmental Protection Agency (EPA), which cited its efforts to reduce greenhouse gas emissions through the promotion of energy-efficient products.

"Our customers are increasingly looking for products that have earned the Energy Star," said Ron Jarvis, VP Environmental. "Our partnership with Energy Star allows us to offer our customers high quality, energy-efficient products that will also save them money on their energy bills."

April 4, 2014

Former Home Depot executive Troy Rice has joined Office Depot as EVP retail as the office products company continues to build out its senior leadership team in the wake of its merger with OfficeMax.

Rice replaces Juan Guerrero and will report directly to Roland Smith, chairman and CEO of Office Depot.

April 3, 2014

Home Depot’s fifth annual Spring Black Friday promotional event is underway and one of the “Wow,” items being featured is an outdoor product tool system with the industry's most powerful rechargeable battery.

April 3, 2014

Home Depot's 11-day savings event known as Spring Black Friday is back with a twist this year -- organizers have taken steps to include the pro customers. 

This year's Spring Black Friday event, which kicked off April 3 and marks the beginning of the home improvement industry's busiest season, will have sales on  grills, lawn supplies and gardening products as usual. But it will also include power tools, nailers/compressors, concrete, ladders and landscape timber.

April 2, 2014

The Home Depot is announcing the nomination of Wayne Hewett for election to its board of directors during its 2014 annual meeting of shareholders.

Bonnie Hill, the board's lead director, will not stand for re-election; the company's corporate governance guidelines require directors to retire upon reaching the age of 72 by the end of the calendar year preceding the annual meeting. Gregory Brenneman has been selected to succeed her as lead director.

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