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Big boxes, big numbers
Take Home Depot’s fourth-quarter comps — positive 5.7% — add it to Lowe’s fourth-quarter comps — positive 3.4% — and you have the highest combined comp sum in six years. You’d have to go back to the fourth quarter of 2005 for a higher figure (positive 13.3%).
Sales were also a positive story with a 5.9% fourth-quarter increase emanating from Atlanta, and an 11% increase at Lowe’s.
Here is how the sales stacked up across the past two years for the two industry giants:
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Yardi forges partnership with Home Depot
Yardi, a real estate investment software company based in Santa Barbara, California, has linked up with The Home Depot to give its clients easier access to the retailer's products.
Yardi customers can now easily order Home Depot products in-store or online via the Yardi Procure to Pay online procurement and invoice processing system.
Using the system, property owners and managers can have their purchase orders and invoices automated online, allowing them to more intuitively manage their purchases and check for compliance.