The Home Depot announced its Q2 2018 sales results, and once again it was a smashing success story for the DIY retailer. Accelerated Analytics checked the results of our customers who sell in and use our reporting for managing their business... Read more »
Accelerated Analytics was pleased to be a repeat-sponsor of the Home Improvement Research Institute (HIRI) event on September 18 and 19. The 2018 Insights Conference hosted many DIY, home and hardware vendors and retailers to discuss key economic indicators, trends and forecasts for this division of the retail industry. Topics included global economic impacts on… Read more »
Students from Florida Polytechnic University will be undertaking two Capstone projects with Accelerated Analytics in 2018-19. The students involved are studying Data Science, Computer Science and Information Technology, and the projects are part of the Senior Design program. Both projects involve Data Aggregation and Machine Learning. Accelerated Analytics is very proud to work with… Read more »
New Lowe’s CEO, Marvin Ellison, having been on the job only since June, joined the team at their headquarters in Mooresville to load 15,000 disaster-relief buckets for California wildfire victims, and for future natural disaster preparedness. 1,400 employees are helping to stuff the buckets, which are at a cost of $700,000 and being paid… Read more »
The US Commerce Department announced this week that new home sales decreased to an 8-month low in June, decreasing 5.3%, the lowest since October 2017. While economic GDP reports last week show the US economy as robust, housing has seen rising building… Read more »
For customers using Accelerated Analytics for daily Dillard’s reporting exclusively, we have report upgrades coming soon! These upgrades are based on customer feedback and requests. In order to remain the most robust Dillard’s reporting tool on the market, Accelerated Analytics will be implementing the following upgrades. Upgrades include updating the source of descriptions of style,… Read more »
Following the February 2018 announcement that The Sherwin-Williams Company, Consumer Brands Group would become the sole nationwide supplier to Lowe’s US stores, today the DIY retailer announced a new line of Valspar exterior stain products. The Valspar stain will come in 50 colors and is offered exclusively at Lowe’s stores and on Lowes.com. The… Read more »
A few months ago, The Home Depot announced purchasing The Company Store to expand its online assortment of home décor items. This was just the start of an organized expansion into this category for the DIY retailer. In an email to customers this week and on its web site, Home Depot announced, “Your favorite home… Read more »
As retail looks to the remainder of the 2018 year, several trends are emerging as most popular among chains. Analysts predict 2018 to continue to be a good year for retail and these trends are contributing to the sector’s success. The beauty industry continues to strive for innovative experiences in stores for its customers, whether… Read more »
HOME DEPOT SALES GREW 4.2% in Q1. This was lower than analysts’ expectations, primarily due to gardening supply sales dropping in March and April due to cool weather. However, the other departments for the retailer performed ahead of expectations and showed high growth over last year. Online orders were 6.7% of Home Depot’s total sales… Read more »