by Mike Duff | Aug 15, 2023 | Retail Articles
Home Depot beat Wall Street second-quarter financial estimates, although consumers wary of discretionary spending in an uncertain economy took on smaller do-it-yourself projects while making fewer large remodeling commitments. Net earnings for the second quarter of...
by Mike Duff | Jan 23, 2023 | Retail Articles
Retailers constantly consider how to get the next generation of shoppers into the store, and Lowe’s Cos. is welcoming its customers of tomorrow by launching an in-store kids’ birthday party program that aims to inspire junior builders while giving parents...
by Mike Duff | Nov 16, 2022 | Retail Articles
Strong consumer and pro sales helped propel Lowe’s Cos. to better-than-anticipated third-quarter results. For the quarter, Lowe’s recorded net earnings of $154 million, or 25 cents per diluted share, versus $1.9 billion, or $2.73 per diluted share, for the...
by Mike Duff | Mar 28, 2022 | Retail Articles
Do-it-yourselfers keep on spending to complete home projects, according to market research by Numerator, but a subclass of consumers, dubbed Prosumers, are particularly busy. Despite COVID restrictions, supply chain disruptions and unprecedented price increases, 40%...
by Mike Duff | Feb 28, 2022 | Retail Articles
To meet the needs of a new generation of do-it-yourselfers, Lowe’s has unveiled DIY-U by Lowe’s, an initiative that will bring live, on-demand and home improvement skill-building into a modern and personalized era, the company announced. Inspired by the...