An article on dailyfinance.com discusses Costco’s discount services. Read article excerpt below. I have a confession: My family loves shopping at Costco (COST). I know that not everyone shares our affinity, though most people know you can save money shopping at the warehouse giant. What some see as excess, like a 1-gallon drum of pickles, others […]
Home improvement stores, destinations for the do-it-yourself consumer, have long sold the hammers, nails and tools people need to fix up their houses. Now large chains such as Home Depot and Lowe’s are selling virtual tools — sensors, Wi-Fi enabled appliances and software — to help those customers monitor and control their homes from their […]
Guru Hariharan spent half-a-decade at Amazon.com AMZN +0.67%, but says he had little face-to-face contact with the man he considers his idol, CEO Jeff Bezos. A former junior engineer who rose up the company ranks before departing in 2009, Hariharan only ever talked to Bezos once in his five-and-a-half year Amazon career, answering questions for him and his senior […]
Home Depot Inc. (HD), the world’s largest home-improvement chain, will start selling 3-D printers today in stores for the first time, pushing deeper into a market that was once the domain of engineers and hobbyists. Home Depot is selling devices from MakerBot, a 3-D printer maker acquired by Stratasys Ltd. (SSYS) last year, in 12 locations as […]
Steve Mahurin has left Orchard Supply Hardware, where the veteran home improvement merchant and retail industry executive held the title Chief Retail Officer. According to the San Jose, Calif.-based retailer, Mahurin’s position was eliminated as the company transitions to a focus on operations and expansion. “Steve was instrumental in helping us launch the vision and […]
Ace Hardware Corp., a 90-year-old co-op that oversees nearly 5,000 locally owned hardware stores, never would be mistaken for trendy. But its recent growth proves the adage that everything old eventually becomes fashionable again. “We are a service-based, high-touch, local business,” says John Venhuizen, CEO of the Oak Brook-based chain. “The shop-local trend is one […]
The home improvement store announced Wednesday that it has built a “holoroom,” which uses 3-D technology and augmented reality to allow users to “walk” through a floor plan of their home (or dream house). In the 20-foot by 20-foot specially designed room, customers can move anything from furniture to toilets and swap out floors and […]
Chains Like Staples, Best Buy Are Betting Consumer Basics Will Boost Sales, Pull In Shoppers Link to full article By SHELLY BANJO and SERENA NG CONNECT June 5, 2014 2:13 p.m. ET TAKE A QUIZ: Each retailer sells three of the four items shown. Can you pick the item that it does NOT sell? (Scroll down for answers.) Mikey […]
Link to article here Amid an uncertain retail environment, warehouse giant Costco posted strong results with 6% growth in comparable sales and 3% rise in net income. While the company’s revenues topped estimates, its earnings per share fell short by a small margin. Costco’s earnings per share came in at $1.07, while analysts wereexpecting the figure to be […]
Home Depot announced on its Q1 earnings call that it has gone live with its first in-store implementation of a new customer order management system (OMS), with plans to roll it out across its U.S. supply chain by the end of 2014. The system “is designed for greater visibility and execution of special orders by […]