All The Home Depot articles
The Home Depot is the largest DIY retailer in the US and operates a large number of stores in the neighbouring territories of Canada and Mexico. The retailer is present in every US state and territory, every Canadian province and all 32 districts of Mexico with its 2,200-strong store portfolio. Alongside this, The Home Depot operates several own brands across tools, painting, electrics and plumbing aimed at both DIYers and professional customers.
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Innovation of the WeekInnovation of the Week: DIY retailers join forces to tackle emissions
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts.
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DataVideos influence 48% of millennials to purchase
With today’s consumers expecting video as standard from their online shopping journeys, Retail Week’s Video Oscars guide reveals the real ROI of video marketing.
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OpinionNeil Saunders: How Storm Jonas affected the retail climate in the US
How does a storm affect bread and milk sales? Alcohol? Toilet paper? And as basic supplies ran dry in shops, did we turn to online shopping?
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NewsBreakfast briefing: Retail news on Lidl, Very, Home Depot and Shop Direct
Retail news round-up on November 7, 2014: Lidl launches menswear, Very launches Christmas ad, Home Depot suffers data breach, Shop Direct appoints new consumer PR.
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AnalysisInternational analysis: Learning from Tesco how not to fail abroad
Tesco and Walmart were unable to translate their successful business models abroad. Retail Week examines the lessons from their failures.
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AnalysisAnalysis: US DIY retailers see signs of improvement at home
US DIY retailers return to pre-recession sales levels as improving housing market boosts spend
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News
Home Depot to close remaining big-box stores in China
US-based home improvement retailer Home Depot is to close its remaining seven big-box stores in China. However, it will keep a new formats team in the country to continue research and development. In addition, the retailer is retaining two recently opened specialist stores in Tianjin – a paint and flooring ...
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OpinionComment: Retail lessons from Home Depot's failure in China
US retailer Home Depot has decided to pull out of China, shutting all its stores.
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NewsHome Depot exits China
DIY giant Home Depot is to pull out of China as it plans to close its remaining big-box stores after failing to find the right store format and do-it-yourself culture in the country.
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News
Home Depot and eBay to extend PayPal trial
Home improvement retailer The Home Depot and eBay will extend their PayPal in-store payment trial service from five stores to 51 in the San Francisco area. Pilot customers can pay for items via their PayPal account at The Home Depot’s point-of-sale systems using either a PIN via their mobile phone ...
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News
Home Depot to roll out click and collect
Home Depot is to roll out its Buy Online, Pickup In-Store service across its US stores during the third quarter of 2011. The service currently runs in around 100 Home Depot stores. The move is in line with the retailers’s stated focus on “interconnected retail”, based on the view that ...
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AnalysisWalmart China takes a hit as two top executives quit
Walmart has said that two senior executives at its Chinese operation, chief financial officer Roland Lawrence and chief operating officer Rob Cissell - formerly of B&Q and Robert Dyas - have resigned.
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News
Home Depot introduces ‘Spring Black Friday’ promotions
DIY giant Home Depot is introducing “Spring Black Friday” promotions, with discounted prices on items such as plants, lawn care, outdoor electricals, eco-friendly gardening products, patio and grills.The promotions will occur throughout March and April.Home Depot executive vice-president for merchandising Craig Menear said: “Spring is our Christmas. Traffic in ...
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News
Home Depot’s sales plummet
DIY giant Home Depot’s sales plummeted 9.1% to $19.1bn (£11.7bn) during its second quarter. Like-for-like sales were down 8.5%.“Concerns about the housing market, rising unemployment and softness in the overall economy continue to pressure consumers,” said chairman and chief executive Frank Blake. “Our business performed well in a down market, ...
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News
Lowe’s and Home Depot hit as consumer downturn bites
The steep fall in consumer spending battered fourth-quarter profits at Home Depot and Lowe’s, the world’s two biggest home improvement retailers.
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News
Home Depot's profits almost halve
The world’s biggest home improvement retailer, Home Depot, revealed that consolidated profit plunged by nearly 50 per cent last year as it suffered amid the US housing slump.
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News
DIY chains take hammering over first quarter
The world’s two largest home improvement retailers, Home Depot and Lowe’s, have reported a meltdown in first-quarter profits as the US housing market continues to slump.
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News
Home Depot to axe 15 stores as US housing slump strikes
Home Depot is to rein in its store expansion programme and close flagship stores as the US housing market takes its toll.
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News
Home Depot to axe underperforming stores
Home Depot is to close 15 of its underperforming US stores within the next two months, affecting 1,300 employees.