by Mike Duff | May 16, 2023 | Retail Articles
The first quarter brought lower sales and earnings at Home Depot as an increasingly wary consumer and poor weather put a damper on spring business, the company announced. Home Depot posted net earnings of $3.87 billion, or $3.82 per diluted share, versus $4.23...
by Mike Duff | Mar 15, 2023 | Retail Articles
The Home Depot has appointed William “Billy” Bastek executive vice president of merchandising. He replaces Jeff Kinnaird, who has decided to leave Home Depot, the company announced. A 33-year Home Depot veteran, Bastek was senior vice president of...
by Mike Duff | Feb 27, 2023 | Retail Articles
Companies from the United States dominated the top 10 global retailer list that business services firm Deloitte incorporated into its Global Powers of Retailing 2023 report. In addition, the report includes an analysis that suggests at least some economic...
by Mike Duff | Feb 21, 2023 | Retail Articles
Home Depot posted net earnings in its fourth quarter that beat Wall Street estimates despite a slight year-over-year decline in comparable sales. The retailer also announced a major investment in employee development and compensation. Net earnings for the fourth...
by Mike Duff | Feb 20, 2023 | Retail Articles
The 2023 Omnichannel Experience Index study by Incisiv, in collaboration with Blue Yonder and Microsoft, recognized retail leaders that offer the richest omnichannel experience maturity across the four key areas, and it includes a company that once resisted diving...