Co-founder of The Home Depot, Bernie Marcus, expressed his small-business mentality in a candid discussion on the financial news network conglomerate, CNBC. By aligning himself with American entrepreneurs, Blake touched on a variety of topics ranging from Obama’s healthcare bill to his affinity for company CEO, Frank Blake…Read More
In a move meant to serve their customers and save the environment, Lowe’s has opened recycling centers nationwide. Cell phones, batteries and plastic shopping bags will be among the items that customers can drop off at the new energy efficient centers. All recycled material will be used to manufacture new products. The company hopes this new initiative will help reduce unnecessary waste within each branch’s respective community…Read More
As a way to improve operations, HOME DEPOT’S upper management is deploying its top executives to work along side its field employees in various stores. Up to 170 executives will rotate through three seasonal programs to insure participation by all the company’s top directors… Read More
Home Depot CEO, Frank Blake, and executive VP of all U.S branches, Marvin Ellison, met with business analysts at the Goldman Sachs Retailing Conference in New York to discuss the company’s efforts to simplify nationwide operations. The retail conglomerate presented its intention to increase the speed of supply distribution by implementing key technological improvements to its chain management center…Read More
In an effort to remain cautious, The Home Depot and Lowe’s slightly downplayed their second quarter gains; citing the present instability in the housing industry as a reason for their tempered positive financial results. 70% of Home Depot’s 40 markets showed an increase, yet the company saw negative comps in the Pacific Northwest and Canada…Read More
Steve Olsen has been named as the new SVP of merchandising for San Jose, Calif.-based Orchard Supply Hardware store. He brings a wealth of experience by previously serving as VP of merchandising of supplies, strategy and services for Office Depot…Read More