
Home Depot

President Donald Trump on Monday met with chief executives from three of the nation’s top retailers, who came to the White House to discuss how his sweeping tariff plans could impact their import-heavy business models, reports CNBC. Walmart CEO Doug McMillon, Target CEO Brian Cornell, and The Home Depot CEO Ted Decker were in attendance…
Home Depot has confirmed that it suffered a data breach after one of its Software-as-a-Service (SaaS) vendors mistakenly exposed a small sample of limited employee data, which could potentially be used in targeted phishing attacks, reports Bleeping Computer. Last Thursday, a threat actor known as IntelBroker leaked limited data for approximately 10,000 Home Depot employees…
The Home Depot on Tuesday said it will spend an additional $1 billion to give its hourly employees a raise, as retailers and restaurants compete for workers, reports CNBC. The home improvement retailer announced the wage investment as it reported fourth-quarter earnings. It didn't disclose the new average wage for employees, but said every market’s starting wage is…
The Home Depot is making technology investments to enhance an interconnected shopping journey for its customers. While at the National Retail Federation Big Show in New York City last week, Editor-in-Chief Joe Keenan spoke with Muzammil Akram, vice president of technology and store systems at The Home Depot, to learn more about the tools the home improvement retailer…
In episode 376 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jenna Arca, director of workforce development at The Home Depot, the largest home improvement retailer in the United States. Arca discusses the launch of The Home Depot's Path to Pro job-seeker marketplace for skilled tradespeople and hiring trade professionals (0:47), the origin of the…
The Home Depot made the decision to contract its own container ship, CNBC reported. The home improvement retailer made this decision amid global shipping issues, such as congested ports, container shortages and slowed shipments as a result of COVID-19 outbreaks. Jonathan Gold, vice president of supply chain and customs policy for the National Retail Federation,…
On Wednesday, Target reported the greatest percentage increase in quarterly sales in the company’s history. Walmart, which reported earnings on Tuesday, doubled its e-commerce sales. Home Depot’s sales increased more than 23 percent in this year’s second quarter. Lowe's announced that its second quarter sales surged 30 percent, boosted by a 135 percent increase in e-commerce sales. Wayfair reported earlier that its revenue…
Home Depot announced Tuesday that it will open three distribution centers in the Atlanta area over the next 18 months to keep up with rising customer expectations for fast order deliveries, which have only been amplified since the pandemic. Home Depot has scrambled to meet customers’ demand for speed and convenience. It began rolling out curbside…
The top five retailers in the U.S. recorded nearly $230 billion in revenue last year ($228.4 billion to be exact). They must be doing something right. Walmart, Amazon.com, Costco, Walgreens, and Home Depot have each built strong brand identities, and all benefit from powerful household recognition and brand equity. As I wrote previously: A brand is the sum…
As part of an ongoing $1.2 billion supply chain upgrade, Home Depot has started same-day delivery across the U.S. The home improvement retailer had already been using trucks to deliver large items such as building materials from stores in a day or so. Now, aided by startups Roadie Inc. and Deliv Inc. in its top 35…