Home Depot

The Home Depot to Invest $1B to Raise Hourly Employee Wages
February 21, 2023 at 3:38 pm

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 marketโ€™s starting wage isโ€ฆ

The Home Depot's VP of Technology: 'Success is Removing Friction From the Customer's Interconnected Journey'
January 25, 2023 at 4:15 pm

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 retailerโ€ฆ

The Home Depot Launches Job Network to Empower Skilled Tradespeople
November 21, 2022 at 6:49 pm

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 theโ€ฆ

Home Depot Reserved its Own Ship Amid Global Shipping Challenges
June 16, 2021 at 5:06 pm

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,โ€ฆ

Big-Box Retailers Post Strong Sales, Profits Amidst Pandemic
August 20, 2020 at 11:21 am

On Wednesday, Target reported the greatest percentage increase in quarterly sales in the companyโ€™s history. Walmart, which reported earnings on Tuesday, doubled its e-commerce sales. Home Depotโ€™s sales increased more than 23 percent in this yearโ€™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 revenueโ€ฆ

Home Depot to Add New Distribution Centers, Hire 1,000 Workers
August 4, 2020 at 3:56 pm

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 customersโ€™ demand for speed and convenience. It began rolling out curbsideโ€ฆ

19 Branding Lessons From 5 Top Retailers
June 18, 2019 at 12:36 pm

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 sumโ€ฆ

Home Depot Expands Same-Day Delivery Service With Roadie, Deliv Partnerships
September 26, 2018 at 4:12 pm

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 35โ€ฆ

Home Depot Announces $1.2B Supply Chain Overhaul
June 12, 2018 at 11:28 am

This week, Home Depot announced plans to spend $1.2 billion over the next five years to speed up and improve its supply chain process. The Wall Street Journal reports the home improvement retailer is spending the majority of the budget on solutions to improve delivery of goods to homes and job sites as the rise ofโ€ฆ

Home Improvement Chains Kick Off Spring Hiring Push
February 16, 2018 at 10:52 am

Home Depot and Lowe's are getting ready to hire about 133,000 workers between them as they prepare for the busy spring and summer seasons. Lowe's said Wednesday that it's looking to hire 53,000 seasonal workers and has announced plans for its first national hiring day on Feb. 21. The hiring goal is up from the 45,000โ€ฆ