Lowe’s, Home Depot and Others Come to Relief in LA Fires

The devastating fires in the greater Los Angeles area have brought out DIY and other building trade companies trying to help. Some of the building and home improvement industry’s biggest players, including the twin DIY giants Lowe’s and Home Depot, as well as others are pledging millions to help in the relief and rebuilding of […]

Building Trade Steps Up in Wake of Hurricane Helene

The latest natural disaster caused billions of dollars of damage in a path from the Florida Big Bend into the Western Carolinas. The toll will be staggering when it’s all added up following the destructive bent Hurricane Helene took and while it will eventually result in a boom in the rebuilding trade in the affected […]

Who Wins Now that LL Flooring Has Lost?

With the big retailing flooring chain liquidating, several competing retailers stand to pick up its $900 million in annual revenues. The news that LL Flooring, the 400-store specialty chain already in bankruptcy, would be shutting down completely and liquidating was not totally unexpected: the company had said if it couldn’t arrange for a new owner […]

Home Depot’s Lower Forecast Sets Stage for ’25 First Half

Home Depot has been one of the best performing retailers in the home improvement space but it sees a slower return for its business. No retailer has been a better performer or been more indicative of the remodeling and home improvement sector than Home Depot so when it reduces its forecast for its upcoming business […]

Lowe’s Jumps on the Apple Vision Pro Wagon

The latest technology from Apple is its virtual reality device and the big home improvement retailer is one of the first to utilize it in its business. It may cost more than $3,500 but that’s not likely to stop the early adopters from going out and being the first ones on their block to get […]

Lowe’s Launches Loyalty Program for DIYers

In an effort to drive sales and buying frequency, big-box home improvement chain Lowe’s has launched its MyLowe’s Rewards program. The big home improvement chains, Lowe’s and Home Depot, continue to look for that right balance between professional builders and do-it-yourselfers and now Lowe’s has a new program for the latter: MyLowe’s Rewards. Launched in […]

Home Depot and Lowe’s Forecasts Lowered by Analyst Firm 

Comments from the two giant DIYers have caused analysts to lower their forecasts for the immediate future.  They were the outliers in the retail world, continuing to remain optimistic while their brethren were less positive about the outlook going forward. And now, they too are a little more pessimistic. Home Depot and Lowe’s, the giant […]

What Do the New Home Depot and Lowe’s Results Mean for the Building Business?

The new financial results from the two big home improvement chains show both the pro and do-it-yourself building sectors have slowed down…but it’s not all bad news. If the building industry needed any more proof of the slowdown in the construction sector they didn’t have to look any further than the new first-quarter financial results […]

Lowe’s Wants to Get Builders-to-Be at a Young Age

Figuring it’s never too soon to start building relationships with future customers, Lowe’s has launched a program of in-store birthday parties in selected stores. Candles included. Lowe’s, the second largest home improvement chain in the country with more than 2,200 stores, is hoping a new program will close the gap with number one, Home Depot, […]