Home Depot Shows Pro Loyalty To Its App

Mobile apps are having a moment this week, with Walmart announcing it will make its app symbol part of its official signage, and Home Depot giving a mobile-first edge to its new loyalty program.

According to Mobile Marketer, the home improvement retailer has updated its loyalty program, giving members of its Pro Xtra program a cleaner integration for earning points for shopping at Home Depot and redeem perks through its app. Users can track purchases and see savings by scanning a Pro Xtra Virtual ID in the app at store checkouts. Pro Xtra members need to tap within the app to see the Virtual ID bar code, which must be scanned at checkout to earn points. Included in the rewards: Tool Rental Perks, credits for future purchases and surprise perks. Home Depot started the Pro Xtra program in 2012.

“Home Depot’s integration of

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Home Depot Names Merchandising Chief Decker President and COO

Home Depot  (HD) – Get Report named a new president and chief operating officer — Edward Decker, who currently is its executive vice president of merchandising.

Decker, 57, earlier had held the post of senior vice president of retail finance, pricing analytics, and assortment planning at the Atlanta home-improvement chain. He joined Home Depot in 2000. The president and COO positions are new at Home Depot.

Home Depot shares recently traded $276.56, down 0.4%, on a down day on Wall Street. The stock has advanced 55% over the past six months as consumers, locked down during the pandemic, put a lot into fixing up their homes.

In addition to Decker’s appointment, Ann-Marie Campbell has been named executive vice president of U.S. stores and international operations. She adds responsibility for all operations, business functions and strategy for the Canada and Mexico businesses.

And Jeff Kinnaird has been named executive

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The Home Depot Names Ted Decker President and Chief Operating Officer; Announces Additional Senior Leadership Promotions

ATLANTA, Oct. 2, 2020 /PRNewswire/ — The Home Depot®, the world’s largest home improvement retailer, today announced that Edward “Ted” P. Decker has been named president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014. As the company’s chief merchant, he has been responsible for all store and online merchandising departments, merchandising strategy, services and vendor management, marketing and in-store environment. In his new role, he will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

“Ted is an incredible leader who has enhanced our competitiveness and interconnected strategy by blending the art and science of retail while also driving outstanding results with both our in-store and online customer experience,” said Craig Menear, chairman and CEO of The Home Depot. “We are extremely

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Home Depot Appoints Edward Decker As New President And COO – Quick Facts

(RTTNews) – Home improvement retailer Home Depot, Inc. (HD) announced Friday that Edward “Ted” Decker has been named president and chief operating officer, effective October 5, 2020. Decker, a 20-year veteran of the company, has served as executive vice president of merchandising since 2014.

In his new role, Decker will assume additional responsibility for global store operations, global supply chain, and outside sales and service.

Ann-Marie Campbell has been named executive vice president of U.S. stores and international operations. The presidents of The Home Depot Canada and The Home Depot Mexico will now report to her. Campbell, a 35-year veteran of The Home Depot, will now lead more than 2,200 stores and 400,000 associates.

Jeff Kinnaird has been promoted to executive vice president of merchandising, reporting to Decker. Most recently, he was president of The Home Depot Canada.

Michael Rowe has been promoted to president of The Home Depot Canada.

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The Home Depot is selling a new Google Chromecast that hasn’t been announced

Google’s Pixel 5 event is scheduled for this Wednesday, but some of the company’s other new gadgets are already appearing on store shelves. That includes its all-new Chromecast, which some savvy buyers have been able to purchase directly in-store from retailers like Walmart and The Home Depot over the course of the last week.

The Verge has purchased one such device from The Home Depot and can confirm the retailer is not stopping customers from checking out and taking the pre-release product home.

Not all stores appear to be selling the item; we tried two and only found the new Chromecast at a second location. And inputting the universal product code listed on the receipt into the retailer’s website returns no results, so it would appear you can only purchase it early in person.

The receipt doesn’t even say Chromecast

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Home Depot Has Long Dominated America’s Newest Pastime: Home Improvement Projects

It all started with a firing—a very foolish one.

In 1978, Bernie Marcus and Arthur Blank were executives at Handy Dan, a home improvement chain based in Southern California. Despite the business being very profitable, the pair had begun to tinker with a new idea. By lowering prices, they found, the stores’ volume shot up, making Handy Dan even more money. The executives had planned to implement that strategy systemwide, but they never got the chance. Corporate raider Sanford C. Sigoloff—who liked to call himself the “Skillful Scalpel”—took over the company, and deciding to save himself two salaries, got rid of Marcus and Blank.

That one decision probably prevented Handy Dan from becoming America’s home improvement leader. Instead, that honor would go to a place called The Home Depot.

Recruiting investment banker Ken Langone and retailer Pat Farrah, who’d run National Lumber and Supply Company, Marcus and Blank opened up

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Google Chromecast hits Home Depot shelves ahead of official launch, report says

google-android-tv-sabrina-watermarked-4

We’re just two days away from the new Chromecast, but some have been able to buy it already. 


XDA Developers

Two days before Google’s Pixel 5 event, Google’s rumored new Chromecast has been spotted for sale at Home Depot for $50. People on social media as well as tech site The Verge said they were able to purchase the still unannounced streaming device at the home improvement retailer. The receipt listed the new Chromecast as “Sabrina-Abbey Rock Candy,” the hardware’s codename, according to The Verge. 

Read more: Best streaming device of 2020: Roku, Apple TV, Fire Stick, Nvidia Shield and more compared

CNET reached out to Google for comment and we’ll update when we hear back.

The new device apparently isn’t available at all Home Depot locations, so you might not

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Home Depot and Lowe’s care about aging homes, not new houses

  • New housing starts soared over the summer, but that doesn’t matter much to home improvement retailers like Home Depot and Lowe’s.
  • Speaking at Goldman Sachs’ virtual retail conference this week, the CEOs of both companies clarified that their businesses are not dependent on new home construction.
  • In fact, Lowe’s CEO Marvin Ellison said that the aging housing stock in the US is good for business. 
  • “If you’re living in one of those aging homes, it’s going to lend itself to you making those investments to modernize,” he said.
  • Visit Business Insider’s homepage for more stories.

When it comes to the home improvement business, fixing up an older home is a far more lucrative than building a new one from scratch. 

That is at least the case for retailers like Home Depot and Lowe’s. The CEOs of both companies recently made comments during Goldman Sachs’ annual Global Retailing Virtual Conference suggesting

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Will a Housing Market Crash Affect Home Depot Stock?

Will the housing market crash again? Maybe. Many aspects of the economy are cyclical, and housing prices do occasionally fall. Is a housing crash imminent? That’s harder to answer.

Some have sounded the alarm on housing for good reason. Consider the famous Case-Shiller Home Price Index, an inflation-adjusted metric created by Standard & Poor’s tracking housing prices. The index’s value was 100 back in the year 2000 and had been close to 100 when applying the index’s criteria backward to the 20th century. But since 2000, it has risen above 180 on two occasions. The first time preceded the housing crash of the Great Recession.

The second time the Case-Shiller index exceeded 180 is right now. In reality, it passed the mark way back in 2016, and it’s currently around 215. So no need to panic: Crossing 180 doesn’t immediately flip a housing-crash switch. It just shows housing prices have

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Forget Coca-Cola, Home Depot Is a Better Dividend Stock

Finding a good dividend involves more than just screening for high yields and long track records of annual payout raises. Many blue chip businesses would show up in that search, but only a few of these stocks will end up generating the type of market-thumping returns that income investors are reaching for.

That fact shines through when stacking up two Dow giants, Coca-Cola (NYSE:KO) and Home Depot (NYSE:HD). While the beverage titan has plenty of attractive investment qualities, Home Depot looks like the better dividend stock right now.

A couple shopping for appliances.

Image source: Getty Images.

More ammunition

Sure, Coca-Cola pays a higher yield today, at over 3% compared with Home Depot’s 2%. But that gap is mainly due to investors’ judgments about the two companies diverging growth outlooks. Consumers are more focused on home improvements thanks to pandemic-related changes to shopping and work habits. These shifts have moved against Coke by severely

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