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jerryking : home_depot   10

America’s Retailers Have a New Target Customer: The 26-Year-Old Millennial - WSJ
By Ellen Byron
Oct. 9, 2017

Companies such as Scotts, Home Depot Inc., Procter & Gamble Co. , Williams-Sonoma Inc.’s West Elm and the Sherwin-Williams Co. are hosting classes and online tutorials to teach such basic skills as how to mow the lawn, use a tape measure, mop a floor, hammer a nail and pick a paint color.
retailers  millennials  Home_Depot 
october 2017 by jerryking
The Retailers That Can Resist the Amazon Onslaught
AUG. 28, 2017 | The New York Times | By JENNIFER SABA.

The Amazon vortex won’t suck in everyone. That’s the verdict of investors in the retail sector.

Among potential competitors to the e-commerce juggernaut founded by Jeff Bezos, some – including Ross Stores, Home Depot and AutoZone – may have the wherewithal to withstand Amazon. The market is conferring on them valuations commensurate with, or better than, the one accorded to Amazon.........The auto-parts chain AutoZone may represent another retail slice that is somewhat resistant to Amazon. The $19 billion company trades at 1.5 times 2020 sales, a recognition that it has created a supply chain that minimizes inventory without crimping a timely ability to fulfill customer orders.

Even in apparel, there are bright spots. At 1.4 times projected 2020 sales, Ross Stores, which sells reasonably priced clothing through more than 1,500 outlets, fetches an enterprise valuation close to Amazon’s. TJX Companies, operator of TJ Maxx and Marshalls, lingers at 1.1 times sales. That’s below Amazon but well above peers like Macy’s and Kohl’s. Bargain hunting may offer some respite from online price choppers...........Once he is done crushing the grocery business, Mr. Bezos may seriously set Amazon’s sights on car parts, cheap clothes and home-improvement accessories. For now, though, the market is betting on a few pockets of calm.
retailers  bargain_hunting  e-commerce  Whole_Foods  competitive_landscape  apparel  Home_Depot  AutoZone  valuations  Amazon  home-improvement  contra-Amazon 
august 2017 by jerryking
How young entrepreneur saw a need and turned it into a $10-million firm - The Globe and Mail
SHELLEY WHITE
Special to The Globe and Mail
Published Tuesday, May 10, 2016

asked QuickContractors to be a secondary resource for installation, delivery and assembly to customers in some of the more challenging geographic areas of Canada. Mr. Bouchard says the opportunity convinced him that his company needed to be the “master contractor” in the equation, controlling the entire life cycle of a job. A new business model was born. “The idea was that we would get the revenue from the Bay and then pay the contractor on the other end to execute the work,” he says. “That’s how we evolved from being an online directory to being a national installation company for major retailers.”
e-commerce  retailers  Home_Depot  Lowe's  nationwide  business_models  Canadian_Tire  delivery  installation  assembly  start_ups  entrepreneur  home_renovations  home_appliances  home-center_industry  home-improvement  QuickContractors  HBC  contractors 
june 2016 by jerryking
Merchant Princes -
01.20.03 | Forbes.com | Bruce Upbin.

War has broken out over your home-improvement dollar, and Lowe's has superpower Home Depot (nyse: HD - news - people ) on the defensive. Its not-so-secret ploy: Lure women, because they'll drag their Tim Allen tool-guy husbands behind them. Home Depot is still very much a guy's chain. But women, according to Lowe's research, initiate 80% of all home-improvement purchase decisions, especially the big-ticket orders like kitchen cabinets, flooring and bathrooms. "We focused on a customer nobody in home improvement has focused on. Don't get me wrong, but women are far more discriminating than men," says Tillman, 59, a Lowe's lifer who rose to chief executive in 1996.
home-improvement  Lowes  Home_Depot  big-box  women  purchase_decisions 
december 2013 by jerryking
Growing at a Smart Pace
Growing at a Smart Pace

What Every CEO Should Know About Creating New Businesses
1 Ultimately, growth means starting new businesses.
Most firms have no alternative. Sectors decline, as they did for Pullman’s railroad cars and Singer’s sewing machines. Technology renders products and services obsolete—the fate Polaroid suffered, as digital cameras decimated its instant photography franchise. Markets saturate, as Home Depot is now finding, after establishing more than a thousand stores nationwide.
2 Most new businesses fail.
3 Corporate culture is the biggest deterrent to business creation.
New ventures flourish best in open, exploratory environments, but most large corporations are geared toward mature businesses and efficient, predictable operations.
4 Separate organizations don’t work—or at least not for long.
5 Starting a new business is essentially an experiment.
6. New businesses proceed through distinct stages, each requiring a different
7. New business creation takes time--a lot of time.
8. New businesses need help fitting in--"bridging"--with established systems and structures.
9. The best predictors of success are market knowledge and demand-driven products and services.
10. An open mind is hard to find.
growth  Thomas_Stewart  HBR  CEOs  Junior_Achievement  hard_to_find  start_ups  failure  organizational_culture  experimentation  trial_&_error  life_cycle  tacit_data  entrepreneurship  dedication  obsolescence  demand-driven  infrastructure  new_businesses  bridging  large_companies  customer-driven  market_saturation  Home_Depot  Fortune_500  mindsets  open_mind  decline  Michael_McDerment  Polaroid  digital_cameras 
december 2012 by jerryking
Shift in Customer Base Transforms Seigle's - WSJ.com
May 6, 2003 | WSJ | By JEFF BAILEY | Staff Reporter of THE WALL STREET JOURNAL.
Shift in Customer Base Transforms Seigle's
Retailer Returns to Roots as Supplier And Finds the Ground Has Changed
family-owned_businesses  retailers  Home_Depot  Lowe's  shifting_tastes  home-center_industry  consolidation  home-improvement 
may 2012 by jerryking
globeadvisor.com: Canadian Tire waves the flag in new campaign
March 17, 2011
Retailer aiming to distinguish itself from U.S. archrivals Home Depot and Wal-Mart

MARINA STRAUSS
Marina_Strauss  retailers  Wal-Mart  Home_Depot  Canadian_Tire  home-improvement 
april 2011 by jerryking
Retailers Emphasize Top-Line Growth - WSJ.com
APRIL 19, 2010 | Wall Street Journal | By RACHEL DODES And
DANA MATTIOLI. "In a bid to boost sales as consumers cautiously reopen
their wallets, some retailers are putting more emphasis on top-line
growth in employees' incentive pay and training programs."
incentives  J.C._Penney  Macy's  Home_Depot  home-improvement  training_programs 
may 2010 by jerryking
WSJ.com - Home Depot, Seeking Growth, Knocks on Contractors' Doors
August 7, 2006 WSJ article by Chad Terhune.

Looks at operations under Bob Nardelli.
home-center_industry  Home_Depot  B2B  growth  contractors  home-improvement 
march 2009 by jerryking

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