OPERATIONS

Executive VP Tom Taylor to Leave The Home Depot

BY CSA STAFF

Atlanta, The Home Depot announced that Tom Taylor, executive VP of merchandising and marketing, has decided to leave the company at the end of the year. Taylor will continue to lead the company’s merchandising and marketing initiatives throughout the year, and will assist in the selection and transition of his replacement. In addition, Taylor and Home Depot intend to enter into a longer-term consulting agreement following his departure.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Home Depot May Report Comp-Store Sales Again

BY CSA STAFF

Los Angeles, Home Depot Inc.’s CEO said the chain may return to reporting comp-store sales, just weeks after it announced it would stop the quarterly reports. In an interview with CNBC on Thursday, chairman and CEO Bob Nardelli said the company would make any announcement about reinstating comp-store sales reports in its quarterly financial report. In May, Home Depot announced it would stop reporting comp-store sales on a quarterly basis.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...
FINANCE

Chain Store Sales Up 2.7%

BY CSA STAFF

New York City, U.S. chain stores sales increased, but were still weak in the fifth and final week of June, as storms and rising floodwaters in the northeast caused temporary store closings, according to a Redbook Research report released Wednesday. Sales at big-box retailers rose 2.7% on a year-over-year basis for the week ended July 1, following a 3.4% rise the prior week. Sales at U.S. retailers in the last week of June rose 1.8% compared to the same time period in May.

Flooding caused by the heavy rain prevented some customers from shopping in malls, Redbook said.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

Polls

Consumer confidence is high. Is that reflected in your stores’ revenues?

View Results

Loading ... Loading ...