Home Depot and Lowe’s Doubling Down on Pro Business

With the overall new construction market, as well as big DIY projects still stalled, the two largest national chains are prioritizing the professional contractor sector. In reporting their most recent quarterly results—which together point to continuing tough conditions in the building trade—both Depot and Lowe’s said they see their pro sectors continuing to expand and […]

Watch Out Home Depot & Lowe’s: Here Comes Vevor

Does the home improvement retail business need another player? A new retailer from China is about to find out. The American DIY/home improvement big box business has been dominated by Home Depot and Lowe’s for decades after they squeezed out most of the country’s regional and local chains. However, a Chinese retailing company is now […]

Big Two DIY Retailers Still Need Some Improvement

The latest financial results from the two big national retailers – Home Depot and Lowe’s – show the business is still soft and may get worse before it gets better. When the two home improvement giants issued their numbers for their most recent quarters, they were nothing to write home about. But more importantly, they […]

Home Depot & Lowe’s: Who’s Winning the Pro Market?

The two giant home remodeling retail chains have been doubling down their efforts to serve the professional market. It was Lowe’s that made the latest move in this back-and-forth competition to enhance their contractor sectors with its purchase of Foundation Building Materials last month. The $8.8 billion deal is expected to close in the fourth […]

These Two Giants Control Nearly Half of Home Improvement Market

It’s no surprise that Home Depot and Lowe’s are the largest retailers in the business, but together, their market share is astounding. The retail world for home improvement and building products continues to be dominated by two big national chains. It’s the level of that dominance that a new study confirms that shows exactly how […]

Lowe’s and Home Depot Lead Texas Flood Relief

Adding to efforts by local businesses and organizations, the two big national chains are making big donations to help. The recent deadly floods in the Hill Country of central Texas have devastated the local area with the loss of life and property. As local groups start to roll out donations and programs to help the […]

MrBeast the Star of Lowe’s New Creator Network

The social media star is leading the way on the giant home improvement chain’s newest initiative. Lowe’s Creator Network, which launched earlier this month, allows users to share DIY content and shop for products. The big retail chain said the network “features a multi-tiered system built to support creators at every stage of their journey. […]

Who’s the Number Two Home Improvement Retailer Now?

You’ll be surprised to find out that even though Home Depot retains its spot on top of the sector, Lowe’s is no longer number two according to a new Coresight Research study. The retail marketplace for home improvement continues to evolve and a new study from a well-known research and consulting company says the second […]

Lowe’s Big Acquisition Pushes Them Further into Pro Business

With its $1.3 billion purchase of Artisan Design Group, the giant DIY retailer continues to expand its focus on trade customers. Artisan Design Group, based in Dallas, operates nationwide and provides design, distribution and installation services for interior surface finishes, including flooring, cabinets and countertops to homebuilders and property managers. It has 132 distribution, design […]

Lowe’s New Contractor Loyalty Program Simplified

The big home improvement chain has reworked its MyLowe’s Pro Rewards program to make it easier for professionals. The Lowe’s loyalty program has put into place a number of initiatives designed to allow small and mid-sized pro contractors to earn and redeem rewards as it increases its focus on this sector of the home improvement […]