Lowe's has grown enormously since 2010, but not as strongly as Home Depot
At around USD 96 bn by the end of 2021, Lowe's has more than doubled its sales between 2010 and 2021. Compared to its direct competitor Home Depot, however, the North American company has to admit defeat.
Focused on the skilled trades
The Home Depot launches jobseeker platform
The Home Depot, the DIY market leader in the U.S. and worldwide, has launched a new jobseeker marketplace created to connect skilled …
Obi
The Myth of the Supplement
Christian von Hegel, a brand expert with a doctorate, sees himself as a scientist even as head of marketing at Obi. That makes it all the easier for him …
Opening in Spain
Leroy Merlin showroom for doors, windows and wardrobes
In the Spanish city of Gijón, the French chain Leroy Merlin has opened a small-scale showroom with a new concept. On 100 m², …
Clearance from the Federal
Tractor Supply acquires Orscheln Farm and Home
Tractor Supply, the largest rural lifestyle retailer in the United States, received clearance from the Federal Trade Commission (FTC)…
Nexterio
New owners from Poland
Nexterio wants to grow in this country as well and is taking over the tile retail business from Stark Germany. The Polish specialist has a strong investor …
Doubling since 2017
Bricomart generated sales of EUR 1.27 bn in 2021
The Spanish chain Bricomart achieved a turnover of EUR 1,274 mio in 2021, a growth of around 35 per cent compared to 2020. This is …
Swedish retail group
Double digit growth of Clas Ohlson's online sales
Clas Ohlson, the Swedish retail group, increased its sales in September by 8 per cent to SEK 721 mio (EUR 66.0 mio.) Organic sales…
Berlin opening
Big-box specialist Bauhaus plans neighbourhood store
Bauhaus is opening a neighbourhood store in Berlin in a fortnight. The new store has a sales area of around 2 000 m² and is …
Online reports proved correct
Greece poised to be Mr. DIY's 2nd EU market
Mr. DIY, the Malaysian home improvement retailer that also operates in nine other countries, is set to enter Greece, recent d…
Frank Staffeld
New director of category management/purchasing at Hagebau
The German cooperative Hagebau has a new director of category management/purchasing. Frank Frithjof Staffeld will assume …
Successor to Giroldi
Obi executive board downsized under new CEO Sebastian Gundel
Following the appointment of Sebastian Gundel as CEO of Obi, the executive board of Obi Group Holding SE & Co. KGaA…
Online share 14.8 per cent
Hornbach's DIY retail sales up 4.9 per cent in the first half of the year
German company Hornbach, with its 169 DIY and garden centres (as of 31 August 2022) and online shops in …
At the turn of the year
Shake-up at the top of HomePro
HomePro, the Thai home improvement group, has announced three changes at the top of its management team. Manit Udomkunnatum, currently chairman of t…
Statistics
Groupe Adeo grew by 143 per cent in eleven years
Groupe Adeo, with its distribution lines Leroy Merlin, Bricoman, Weldom and others, has grown strongly over the past eleven years. …