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Home Centers

  • At shareholders meeting, Lowe's embraces change

    At its annual meeting, Lowe’s chairman and CEO Robert A. Niblock continued to hammer on the theme of transformation at the nation's second-largest home center chain.

    “Making home improvement simple for customers starts with making it simple for our employees by providing them with the right technology and resources,” said Niblock. “Throughout our 65-year history, Lowe’s has changed many times. To be successful in the future, we must transform the shopping experience for customers wherever and however they choose to shop with Lowe’s.”

  • N.J. police officer convicted of shoplifting

    An off-duty police officer in central New Jersey was convicted of shoplifting in a jury trial on June 14, according to a press release issued by the Monmouth County Prosecutor’s office. 

    Darnell Esdaile, 46, a Freehold Borough police office, was arrested at Home Depot in Freehold Township on Nov. 11, 2010. He was detained by loss prevention officers after exiting the store with laminate flooring he had not paid for. The merchandise was valued at approximately $500.

  • Home Depot's Menear points to Q1 category wins

    The Home Depot's executive VP merchandising Craig Menear said he was pleased with the company's first-quarter performance in its core business. Some categories, of course, did better than others.

    The company's first-quarter results showed overall comp-store sales declined 0.6%, but several categories were positive -- electrical, kitchens, tools, plumbing, paint and flooring. Hardware also outperformed the company's average comp for the quarter, he said.

  • Lowe's unveils a furniture collection

    Meet Lowe's newest venture: the Scott Living indoor furniture collection and digital showroom.

  • Sears CEO says company is on the mend

    The Chicago Tribune reported Sears Holdings Corp. CEO Louis D'Ambrosio supplied a strong dose of optimism at the Hoffman Estates, Ill.-based retailer's annual meeting, the day after the company warned of falling sales.

  • Next Big Thing: Wind power for retail

    The world’s largest home improvement retailer just got serious about windmills.

  • Lowe's gets a new CFO

    Robert Hull Jr. announced plans to retire after 17 years with the company.

  • Home Depot names new Canadian chief

    The Home Depot, the world's largest home improvement retailer, announced that Aaron Carmack, regional VP for the Pacific North region, has been promoted to president, Home Depot Canada, effective Jan. 31. 

    Carmack is replacing Annette Verschuren, who is leaving the company after nearly 15 years of service.

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