Read More'>

Home Depot Leans Into the Holidays

/in , /by

Home Depot has streamlined its product inventory by introducing new merchandise for the holiday season. The directive is creating a leaner strategy in the execution of the company’s portfolio. Among the products available are heaters, environmentally friendly flush toilets and lightweight drywall. "We leaned into the holiday season and increased our buys," said Craig Menear, executive VP of merchandising… Read More

Read More'>

Home Depot Set to Launch Rapid Deploy Centers

/in , /by

Home Depot is primed to launch its Rapid Deployment Centers across the country. At 450 feet per minute, automated huge conveyor belts sort out the company’s products in a mechanized system that nudges anything from shoes to various other specialized goods into their respective proper chutes for distribution. The center is just one of 19 RDC’s that will be transforming the way the company supplies merchandise to its customers. All these facilities will be up and running by the end of fiscal 2010… Read More

Home Depot grows sales and income in Q3

/in , /by

Home Depot posted positive growth in both its comp store sales and net earnings in the 3Q. The report came out a day after Lowe’s posted a sales increase of 1.9%. The Atlanta based company expects sales to increase by 2.2% before the end of the fiscal year…Read More

The Home Depot tackles energy, embraces Habitat

/in , /by

In a move to show support for nationwide sustainable energy initiatives, Home Dept will be donating up to $1 million to “Habitat for Humanity”. During the month of October, the company will be allocating funds from10% of its sales from products of its Energy Star-qualified appliances. Partnering in 2009 with “Habitat for Humanity”, The Home Depot Foundation continues to contribute to the construction of sustainable buildings…Read More

Marcus on the soapbox

/in , /by

Co-founder of The Home Depot, Bernie Marcus, expressed his small-business mentality in a candid discussion on the financial news network conglomerate, CNBC. By aligning himself with American entrepreneurs, Blake touched on a variety of topics ranging from Obama’s healthcare bill to his affinity for company CEO, Frank Blake…Read More

Home Depot drives toward simplicity

/in , /by

Home Depot CEO, Frank Blake, and executive VP of all U.S branches, Marvin Ellison, met with business analysts at the Goldman Sachs Retailing Conference in New York to discuss the company’s efforts to simplify nationwide operations. The retail conglomerate presented its intention to increase the speed of supply distribution by implementing key technological improvements to its chain management center…Read More