Home Depot will become the first customer for Walmart’s new GoLocal delivery service, rolling out the service in select markets in the coming weeks.
Lowe’s “worked more closely than ever to support [its] carrier partners and suppliers” this year while navigating increased consumer demands during the pandemic, Kelvin Dedner, vice president of supply chain transportation at Lowe’s, said.
The headlines are touting Target’s store fulfillment numbers, but Home Depot’s right behind, fulfilling 55% of online orders from stores. This is particularly advantageous for Home Depot, which sells goods that are more often heavier and bulkier than its retail counterparts.
Anthony and Zach discuss the surprisingly rapid recovery in the housing/home improvement sector of the economy and whether it has sustainability.
The Home Depot continues to report record sales growth on the back of a “very strong” consumer.
The Home Depot, Inc. reels in full year sales expectations due to timing of investment initiatives. Management expects broad-based growth to continue as consumer discretionary spending remains steady.
