Capital: Washington | Area: 9.8 mio km² | Population (2021): 334.8 mio | GDP (2021): € 19 455 bn
2022 Corporate Responsibility Report published
Lowe's reduces greenhouse gases and energy consumption
Lowe's has reduced its Scope 1 and Scope 2 greenhouse gas emissions by 49 per cent since 2016 and energy consumption by 6 per cent since 2021. These are two results documented by the US DIY chain in its 2022 Corporate …
Trade and online business solid
Lowe's sales down 5.5 per cent in first quarter
Lowe's, number two in the US home improvement sector, saw sales decline by 5.5 per cent in the first quarter of 2023 compared with t…
February to April
Home Depot reports 4.2 per cent drop in sales
Global market leader Home Depot has reported a drop in sales in the first quarter of its 2023/2024 fiscal year, with the US home …
174 stores and distribution centres
Lowe's invests in rooftop solar panels
Lowe's has announced details of rooftop solar panel installations at 174 stores and distribution centres nationwide, including 20 sites …
Over 11 800 visitors
New record for Ace Hardware’s spring convention
Ace Hardware broke its own record for attendance at its recent in-person convention held mid-March in San Antonio, Texas (USA). The …
Succession of Jeff Kinnaird
William Bastek now executive VP of merchandising at The Home Depot
The US-American world market leader The Home Depot named William "Billy" Bastek executive vice president of …
Comparable sales down 1.5 per cent
Lowe’s sales up 5.2 per cent in Q4 2022
Lowe’s has reported an increase in sales for the fourth quarter of 2022 of 5.2 per cent. According to a press release by the second largest …
Another record year
Home Depot announces USD 157 bn in sales for 2022
Home Depot has reported sales for the fourth quarter of fiscal 2022 as well as total numbers for fiscal 2022. Sales for fiscal …
Revenues for fiscal 2022
Ace Hardware reports an increase of 6.7 per cent
The US cooperative Ace Hardware has reported consolidated revenues of USD 9.1698 bn (EUR 8.5834 bn) for fiscal 2022, an increase of…
2023 ranking
Ace Hardware ranked as one of the top 10 franchises in the world
Ace Hardware has secured a spot in the top 10 franchise business opportunities in the world for 2023, according to …
Prioritising tasks
Home Depot launches new in-store app for staff members
Home Depot is rolling out a new, homegrown app developed to help employees in the stores prioritise tasks more effectively. …
2021 Task Force on Climate-Related Financial Disclosures report
Tractor Supply’s third annual report about climate-related risk
Tractor Supply Company, the largest rural lifestyle retailer in the United States, released its 2021 Task Force on …
Map
Number of Lowe's locations slightly down since 2017
Compared to the end of 2017, the number of locations counted as part of Lowe's at the end of 2021 decreased slightly from 2 233 …
Hardware and building supply
US sales clearly up in the first eleven months of 2022
The US hardware and building supply industry generated sales of USD 40,943 bn (EUR 38.484 bn) in November. This was 3.7 per …
Eliminating 90 per cent of emissions
Lowe’s is announcing net-zero emission target by 2050
Lowe’s is announcing a new goal to reach net-zero emissions across its value chain by 2050. To reach net-zero, Lowe’s will …
8 per cent of usage
Home Depot purchases 100 MW of solar energy
Home Depot has announced that 100 MW of solar energy purchased from National Grid Renewables at its solar and storage project in Denton …
“Better than expected”
Lowe’s total sales up by 2.2 per cent in Q3
Lowe’s total sales for the third quarter of 2022 amounted to USD 23.5 bn (EUR 22.65 bn), an increase of 2.2 per cent compared with USD 2…
Third quarter 2022
Home Depot grows by 5.6 per cent
Home Depot has reported sales of USD 38.9 bn (EUR 37.36 bn) for the third quarter of 2022, an increase of USD 2.1 bn (EUR 2.02 bn), or 5.6 per cent…
Map
Home Depot grew by 21 locations worldwide in 2021
Home Depot, the world's largest operator of home improvement stores in terms of sales, operated 2 317 DIY locations at the end of …
Plus 137 per cent
Lowe's has grown enormously since 2010, but not as strongly as Home Depot
At around USD 96 bn by the end of 2021, Lowe's has more than doubled its sales between 2010 and 2021. …
Clearance from the Federal
Tractor Supply acquires Orscheln Farm and Home
Tractor Supply, the largest rural lifestyle retailer in the United States, received clearance from the Federal Trade Commission (FTC)…
Research
How DIY retailers can learn from and leverage customers’ DIY failures
This is according to Matthew Hall from Oregon State University, who is researching this topic together with …
Statistics
Home Depot sales nearly triple since 2010
America's number one in the home improvement sector is also the world's number one. A look at the recent development of the DIY group's …
Second quarter
Lowe's partially offsets weak DIY business with professionals
Lowe's reports total sales of USD 27.476 bn for the second quarter (ended 29 July 2002), a decrease of 0.3 per cent …
Historical record
Home Depot 6.5 per cent up in 2Q 2022
Home Depot reported sales of USD 43.8 bn for the second quarter of fiscal year 2022, an increase of USD 2.7 bn, or 6.5 per cent from the …
60 more new stores planed by the End of the year
Ace Hardware Opens Over 100 New Stores In 2022
Ace Hardware recently celebrated the opening of its 105th new store in 2022. The company expects to open at least an additional 60 …
-4.0 per cent
Lowe's reports sales decline in first quarter
Lowe's, the number two DIY store in the U.S. and globally, has reported a decline in sales for the first quarter (ending 29 April) of …
Sales 2021/2022
Lowe’s grows 7.4 per cent, only half as much as its main competitor
Lowe’s grew only half as much as market leader Home Depot in the 2021/2022 financial year (ending 28 January …
Over USD 150 bn for the first time
Home Depot reports a plus of 14.4 per cent for 2021/2022
Home Depot has reported a 14.4 per cent increase in sales for the 2021/2022 financial year (ending 30 January 2022). The …
15 per cent in the fourth quarter
Tractor Supply reports growth of 20 per cent in 2021
Tractor Supply, the largest rural lifestyle retailer in the United States, reports net sales for the fiscal year 2021 of USD 10…
Craig Menear to become chair of the board
Ted Decker to become new head of Home Depot
Home Depot, the largest DIY store operator in the world, is getting a new boss. Edward "Ted" Decker has been named CEO and president, …
Linked with loyalty programme
Home Depot introduces new credit options for pro customers
Home Depot is enhancing its commercial credit offerings for professional customers and their businesses. The retailer …
Christian Parra
Do it Best names new director of international sales
The US American cooperative Do it Best has named Christian Parra as new director of international sales. Parra, who most …
Homeowners in the USA
Unusually high number of home improvement projects planned
In the fourth quarter of 2021, 76 per cent of homeowners in the USA planned a home improvement project for this period. …
In the USA
Price increases delay home improvement projects
In the USA, price increases have had an impact on projects by home owners who carry out their own home improvement work. In November…
USA/Canada - Jim Inglis
Empathy with their stores, people and customers
Jim Inglis, who worked for decades on Home Depot’s senior management team and is now a sought-after consultant to home improvement …
USA/Canada - Ace Hardware
Peace of mind at an hourly rate
The Ace Hardware cooperative is recording rapid rates of growth with its Handyman Services business in the USA. One of the franchisees is a former …
USA/Canada - Home improvement market
Covid brought the next boost
The home improvement market in the USA experienced tremendous growth during the pandemic. Compared to 2019, hardware stores made an average of 20 per …
Third quarter
Lowe’s total sales grow by 2.7 per cent
Lowe's achieved sales of USD 22.918 bn (EUR 20.184 mio) in the third quarter (ended 29 October) of its fiscal year 2021/2022, an increase of…
August to October
Home Depot increases sales by nearly 10 per cent
Home Depot reports sales of USD 36.820 bn (EUR 32.220 bn) for the third quarter (ended 31 October 2021) of fiscal 2021/2022, an …
Home improvement product spend
USA: 13 per cent growth in 2020 and 2021
Last year, Americans spent USD 456.364 bn (EUR 393.475 bn) on home improvement products, 13.3 per cent more than in 2019. For the current …
Same-store sales
Ace Hardware stores in the US grow by 1.2 per cent
The 3 400 or so hardware retailers affiliated to the Ace Hardware cooperative increased their same-store sales by 1.2 per cent in…
Plus 8.1 per cent
Home Depot’s second-quarter growth in single digits again
Home Depot, DIY market leader in the USA and globally, increased its sales in the second quarter (1 May to 1 August 2021) …
Second Quarter
Sherwin-Williams reports high double-digit plus
The US American group Sherwin-Williams increased sales in its retail division The Americas Group in the second quarter by 22.6 per …
U.S. Census Bureau
US sales increase by 18.3 per cent in the first six months
The retail sales of home centres, lumberyards and hardware stores in the USA increased by 18.3 per cent in the first half…
Second quarter
Tractor Supply's net sales increase by 13.4 per cent
The US chain Tractor Supply increased its sales in the second quarter by 13.4 per cent compared with the same period in the …
USA
Homeowners prefer do-it-yourself
To realise major home improvement projects, homeowners in the USA prefer do-it-yourself. Asked by HIRI (Home Improvement Research Institute), 68 …
First quarter
Lowe’s increases comparable sales by 26 per cent
US home improvement chain Lowe's reports total sales of USD 24.422 bn (EUR 20.00 bn) for the first quarter (ending 30 April) of its…
First quarter
Home Depot reports a 33 per cent increase of sales
The Home Depot, the world's largest home improvement retailer, reports sales of USD 37.500 bn (EUR 30.887 bn) for the first …
January to April
US home and garden centres grow by 25 per cent
Home and garden centres in the USA made sales of USD 106.566 bn (EUR 87.73 bn) in the first quarter of 2021. That was 20.9 per cent …
USA
Renewed interest in online sales
Hardware stores in the USA are usually focussed on the day-to-day business of providing personal service in the store. But they had to rethink …
28 per cent in the fourth quarter
Lowe’s increases sales by 24 per cent in 2020/2021
In its fiscal year 2020/2021 (ended 29 January 2021), Lowe's increased its sales by 24.2 per cent to USD 89.507 bn (EUR 74.424 bn…
Plus 25 per cent in the fourth quarter
Home Depot increases sales by 20 per cent in 2020/2021
Plus 25 per cent in the fourth quarter, plus 20 per cent over the whole year - that is a summary of Home Depot's 2020 balance…
167 Stores
Tractor Supply to acquire Orscheln Farm and Home
US retailer Tractor Supply Company announced that it has entered into an agreement to acquire Orscheln Farm and Home for …
Third quarter
Sales at Lowe’s grow by 28.3 per cent, online by 106 per cent
Lowe's has reported net sales of USD 22.309 bn (EUR 18.800 bn) in the third quarter (ended 30 October). This equates …
COO, Canada and others
Home Depot picks new appointees for top five positions
Home Depot, the largest home improvement retailer in the world, has picked new appointees for five posts in the company …
Same-store sales up 35 per cent
Ace Hardware reports record growth in the second quarter
The U.S. cooperative Ace Hardware is the latest business to report record sales during the Covid-19 pandemic. Its …
Second Quarter
Covid-19 lets Lowe’s sales grow by a third
The Covid-19 pandemic had an effect on the sales curve at Lowe's which was significantly stronger than its competitors Home Depot. In the…
Second quarter
Home Depot: plus 23 per cent from May to July
The Home Depot, the world's largest home improvement retailer, reports sales of USD 38.053 bn (EUR 32.086 bn) for the second quarter …
Small Parcel As Well As Bulky
Home Depot Opening Three New Distribution Centers
Home Depot has announced that it will open three new distribution centres in Georgia over the next 18 months to support the …
USA - Hardware retailers
A sales bonanza
There has been a bright side to Covid-19 for smart, innovative hardware retailers, says our author Bob Vereen, who has been asking around the industry in the USA
Covid-19 period
Half of Americans consider home improvement projects
Having now been sequestered at home for several weeks, about half of U.S. consumers (49 per cent) say they've considered …
Online sales up 80 per cent
Lowe’s grows by 11 per cent in the first quarter
Growth at the US home improvement chain Lowe's has significantly outstripped that of its long-term rival Home Depot during the …
Pandemic
Hardware stores in the US increase their sales
Many hardware stores in den USA are currently offering targeted product ranges which are required in connection with Covid-19 and …
Covid-19 pandemic
Home improvement retail grows in the USA
Sales by home improvement retailers in the USA are growing, in contrast to the general trend of declining retail sales. In March, sales at …
Essential?
America’s hardware industry and the virus
Covid-19 is, of course, also affecting hardware and home centre retailing and wholesaling in the USA. The industry is responding to the …
Global market leader
Home Depot increased sales by 1.9 per cent in 2019
The US chain Home Depot, global market leader in the DIY trade, finished fiscal 2019/2020 (ended 2 February 2020) with sales of …
NRHA estimation
Four per cent growth of the US home improvement sales
Home improvement sales in the USA amounted to USD 407.1 bn (EUR 363.7 bn) in 2019 according to an estimation and have …
Top 300 hardlines retailers
Number three is Walmart
The ranking of the top 300 hardlines retailers in the USA is headed by Home Depot. Amazon appears at tenth place
Quarterly report
Lowe’s loses sales and closes 34 stores in Canada
Lowe's will close 34 underperforming stores in Canada. Based on the findings of a strategic review, in the fourth quarter, the …
0.5 per cent
Lowe’s growth is much weaker in second quarter
Lowe's, the second largest DIY chain in the USA and the world, recorded significantly lower growth rates in the second quarter (…
Pricing and planning
Lowe’s acquires retail analytics specialist
Lowe's acquired the Retail Analytics platform from Boomerang Commerce. The technology will be integrated into the company's core retail …
First quarter
Lowe’s reports comparable sales growth of 4.2 per cent in the US
Lowe's reports sales of USD 17.741 bn (EUR 15.897 bn) in the first quarter of fiscal 2019/2019 (ended: 3 May). This…
First quarter
Home Depot increases sales by 5.7 per cent
Home Depot reported sales of USD 26.381 bn (EUR 23.621 bn) for the first quarter of fiscal 2019 (ended: 5 May), a 5.7 per cent increase …
Survey in the US
30 per cent don’t know where to start their outdoor projects
About 30 per cent of Americans don't know where to start when it comes to outdoor projects and are seeking inspiration…
Like-for-like up 5.2 per cent
Home Depot increases sales by 7.2 per cent in 2018/2019
Global DIY market leader Home Depot has closed financial year 2018/2019 (ending 3 February 2019) with sales of USD 108.203 …
USA
Lowe’s aims to expand its professional business
Lowe's is aiming for a targeted expansion of its professional customer business. The sales penetration for DIY and DIFM …
Strategic reassessment
Lowe’s closes 20 stores in the USA and 27 in Canada
The US DIY store giant Lowe's is closing 20 stores in the USA as well as 27 stores and four other corporate subsidiaries in …
USA
Sears files for insolvency and closes more stores
American department store chain Sears has filed for insolvency (Chapter 11 of the Bankruptcy Code) and is closing more stores. The…
Second quarter
Seven per cent growth for Lowe’s
Lowe's increased its sales for the second quarter (ended 3 August 2018) by 7.1 per cent to USD 20.888 bn over the second quarter of 2017. …
USA
Lowe’s closes all Orchard stores and restructures range
Lowe's is giving up its Orchard Supply Hardware channel and closing all 99 stores in the chain by the end of fiscal 2018/201…
Dähne Verlag
Growth for the top 10 in North and South America
The top 10 DIY retailers in North and South America achieved combined net sales of EUR 203.7 bn in 2017. That was 1.9 per cent more…
USA - Donald Trump
The Trumponomics and the home centres
What effect has US President Donald Trump’s politics had on business for home improvement stores in the USA? Either way – the industry’s …
USA - Euromonitor
Many DIYers are still sceptical about trading online
The US home improvement market is profiting from strengths in existing home sales. Yet Euromonitor International has discovered…
Financial investor acquires majority holding
USA: True Value will cease to be a cooperative
True Value is to cease to be a cooperative. The American cooperative group is selling 70 per cent of its shares to the US financial …
Financial year 2017/2018
Home Depot breaks the 100 billion dollar mark
Home Depot has broken the 100 billion dollar mark with its annual sales. The global market leader closed financial year 2017/2018 on …
USA - DIY Retailers
Not just orange and blue
The US market is more than Home Depot and Lowe’s. A glance at the reference work DIY Retailers worldwide reveals a colourful variety
Kantar forecast 2018
Good prospects for home improvement stores in the USA
The brick-and-mortar building supply home improvement channel in the USA, which includes home centres, building and paint …
USA
There’s more to come
Major American retailers are focusing more effort on web sales. DIY retailers are achieving remarkable growth rates online
Retailers in the US
Two kinds of customers
An examination of retailers in the US serving professional customers and end consumers
National Hardware Show
Looking for a lifestyle
At the National Hardware Show in Las Vegas, the needs of today’s homeowners was one of the topics that industry experts focused on
South-East Asia - Do it Best
Further aggressive growth
Do it Best has 160 stores in South East Asia. Its members benefit from a joint procurement system and the retailing know-how of the US cooperative