Entries by tashman

Official Home Depot Windows Phone 7 App is Available!

An official The Home Depot App for Windows Phone 7 is now available at their Marketplace. The app will allow you to search all departments within the store, make purchases, locate stores, help you find your way inside the store with a map, display feature products/best deals and gives you access to My Account and […]

Consumers Could Curtail Spending in Months Ahead

As reported by RetailingToday.com Concern about rising energy prices and higher medical costs has many Americans expecting to spend less in the months ahead, a recent Deloitte study revealed. Despite showing no signs of spending less in recent months, the Deloitte survey found that nearly three-quarters (74%) of Americans believe higher prices could slow their […]

Home Depot to roll out barcode program

In a way to allow its customers better access to purchase items and to watch product videos and reviews, Home Depot will be making available its first mobile barcode program.  This accessibility will greatly increase the efficiency of the company to sell its products through a digital realm.  The 2-D barcode will be known as […]

Home Depot nominates new board of directors

The Home Depot board of directors has nominated for election two new possible members.  Ronald L. Sargent, CEO of Staples, and J. Frank Brown, the dean of a prominent international business school, will be up for consideration during the company’s annual meeting on June 2.  In other news, David H. Batchhelder will be stepping down […]

Walmart to open new hub in Atlanta

In an effort to manage more effectively the 1,600 stores it has in 20 eastern states, Walmart has announced the opening of a new office in Atlanta. Rosalind Brewer has been appointed to run the new east division. She currently is the president of Walmart East and the executive VP of Walmart U.S.

Private equity firm to acquire BJ’s?

BJ’s Wholesale Club is in a preliminary discussion to potentially be acquired by private equity firm Leonard Green & Partners. Both parties have signed a confidentiality agreement. The equity firm already owns 10% of BJ’s stock that it had purchased last summer.

Dollar Tree Posts Highest Performance

Dollar Tree has the top ranking among companies measured by their relative performance in the General Merchandise Stores industry. The company posted a gain of 1.1%, ending on the trading activity of March 14th. Dollar General posted a loss of 0.49 percent.

Walmart To Open New Stores

In order to boost sales nation-wide, Walmart announced a plan to open 300 to 400 new stores across the country. These stores will be scaled back versions of the giant facilities Walmart currently has open in both its urban and rural markets. “Walmart Market” will be approximately 25,000 to 70,000 sq. ft., and “Walmart Express” will be even smaller at 15,000 sq. ft. The company has a plan in place to open up these smaller stores within the next three years.