Remodeling Sentiment Holds Despite Economic Headwinds
Article Summary Recent surveys reveal that consumer interest in home remodeling remains resilient, even amid economic uncertainty and sluggish retail sales. The...
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Lowe’s Faces Boycott Amid Sales Decline and Shifting Consumer Behavior
Article Summary Lowe’s is grappling with a sharp drop in customer transactions and foot traffic, compounded by a nationwide boycott organized by The People’s Union USA. The...
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Home Depot Expands Media Network to Non-Endemic Brands
Article Summary Home Depot is broadening its Orange Apron Media retail network by integrating with Yahoo’s demand-side platform (DSP), allowing non-endemic advertisers—such...
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Remodeling Sentiment Softens Amid Economic Uncertainty
Article Summary The National Association of Home Builders (NAHB) reports a dip in remodeling market confidence, with its Q2 Remodeling Market Index (RMI) falling to 59—down...
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Home Depot Doubles Down on Pro Trade Market
Article Summary Home Depot is making a bold $4.3 billion move to expand its footprint in the professional trade sector by acquiring building products distributor GMS. This...
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Tariffs Reshape Pricing and Sentiment in Home Improvement
Article Summary Tariffs are once again influencing the home improvement industry, with experts anticipating a long-term 10% universal tariff that could affect pricing,...
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Lowe’s Expands Pro Market Reach
Article Summary Lowe’s has announced its acquisition of Artisan Design Group (ADG) for approximately $1.3 billion, marking a significant step in its effort to compete with...
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Home Depot Expands Military Discounts to Compete with Lowe’s
Article Summary Home Depot is making a strategic move to attract budget-conscious shoppers by expanding its tax-free shopping program for military personnel. The retailer...
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Lowe’s Maintains Competitive Pricing Amid Tariff Pressures
Article Summary Lowe’s is reinforcing its commitment to competitive pricing despite ongoing tariff challenges. CEO Marvin Ellison emphasized that the company has developed...
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How AI Can Enhance Hardware Store Operations
Article Summary: AI is transforming hardware retail by streamlining operations and improving customer service. Experts suggest that AI-powered customer support tools can...
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