Lowe’s Tests Drones in Race for Fastest Deliveries
Lowe’s and its larger competitor, Home Depot, keep upping the ante to see which Big Box chain can deliver faster. The giant DIY chain is testing delivery by drone for select products from its store in Matthews, NC, near its headquarters. Teaming up with DoorDash and Wing, the on-demand drone delivery provider supported by Google’s […]
Home Depot Announces 3-Hour Delivery Service
The new initiative uses the giant retailer’s more than 2,000 stores as fulfillment hubs for thousands of items. The new service is part of a larger trend that is seeing retailers across the country offer super-fast deliveries from their stores. Some use third-party delivery services like DoorDash or Uber Eats. Depot does not specify how […]
Home Depot Adds to Perks for its Pro Loyalty Program
In another sign that the big home improvement chain is focusing on builders, it said it would be adding partner rewards to the program. Both Depot and its chief competitor, Lowe’s, continue to try to build out their pro programs by adding more benefits to members and this addition of partner rewards by Depot is […]
Home Depot & Lowe’s Continue Pro Focus
There’s never been a better time to be a pro customer at the two home improvement giants.
With Housing Stalled, Homeowners Turn to Renovating
A new study found that two in five Americans renovated their home in the past year.
More Than Half of Homeowners Doing Renovation Projects
Even as the new build market continues to lag, a new study shows that fixing up existing homes remains a strong business. More than half of US homeowners — 54 percent — are undertaking renovation projects, according to Houzz Inc. in its new 2026 Houzz & Home Study. The median spend was $20,000, the online newsletter […]
Why Old U.S. Homes Are a Big Opportunity for the Building Trade
A new report says the typical home in the country is 44 years old and needs “tons of work.” As new home construction continues to stagnate and offer fewer opportunities for builders, contractors and others in the trade, the stock of aging homes in America could be a big source of projects as we advance. […]
Ace Hardware Outperformance Encouraging for Building Trades
Record revenues for its fourth quarter and full year provide positive signs for the business going forward. The big national hardware cooperative reported consolidated revenues rose 9.9 percent to $2.5 billion for the three months ending Jan. 3. Total wholesale revenues were $2.3 billion, an increase of 10.0 percent compared to the prior year fourth […]
Home Depot Sees 5 to 6 Percent Growth Ahead
Short-term business conditions remain difficult but the big retail chain sees housing momentum returning. “Our Market Recovery Case reflects our performance expectations once we see momentum in housing activity and increased spend on larger projects driven by pent-up demand,” Richard McPhail, executive vice president and chief financial officer for Home Depot, told an investor and […]
Watch Out Home Depot & Lowe’s: Here Comes Vevor
Does the home improvement retail business need another player? A new retailer from China is about to find out. The American DIY/home improvement big box business has been dominated by Home Depot and Lowe’s for decades after they squeezed out most of the country’s regional and local chains. However, a Chinese retailing company is now […]