Tag: Depot

Home Depot didn’t get customer consent before sharing data with Facebook’s owner, privacy watchdog finds

January 31, 2023 admin

Home improvement retailer Home Depot didn’t get customer consent before sharing personal data with Meta, which operates social media giants Facebook and Instagram, according to a new report by Canada’s privacy watchdog.

Privacy Commissioner Philippe Dufresne released the findings of his latest investigation Thursday morning.

It found Home Depot began sharing details from electronic receipts with Meta in 2018 — including encoded email addresses and in-store purchase information — without the knowledge or consent of customers. The company said it stopped sharing customer information with Meta in October 2022.

Home Depot’s Canada division was using a service provided by the

Home Improvement

J.W. Cole Advisors Inc. Raises Holdings in The Home Depot, Inc. (NYSE:HD)

January 19, 2023 admin

J.W. Cole Advisors Inc. boosted its position in The Home Depot, Inc. (NYSE:HD – Get Rating) by 1.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 17,253 shares of the home improvement retailer’s stock after buying an additional 307 shares during the period. J.W. Cole Advisors Inc.’s holdings in Home Depot were worth $4,761,000 as of its most recent filing with the Securities & Exchange Commission.

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A number of other large

Home Improvement

Home Depot soon changing how it pays hourly employees

January 16, 2023 admin

Home improvement retailer Home Depot is making a nationwide change to how it pays hourly employees.

“As laws, technology and workplace practices continue to evolve, we’re changing our practice nationwide effective Jan. 16, 2023, to pay hourly associates to the nearest minute based on exact time punches,” a Home Depot spokesperson confirmed to FOX Business.

The new policy will mark a switch from its current practice, which the spokesperson said “has been to round total shift time up or down to the nearest 15 minutes.” That “has been a common industry practice for many years,” according to the spokesperson.

The

Home Improvement

The Home Depot Launches New In-Store Application to Help Associates Provide Better Customer Experience

January 13, 2023 admin

ATLANTA, Jan. 12, 2023 /PRNewswire/ — The Home Depot® is rolling out a new, homegrown app developed to help store associates prioritize tasks more effectively. The app, dubbed Sidekick, is a new addition to hdPhones, The Home Depot’s mobile devices dedicated to improving the associate and customer experience.

Powered by machine learning (ML), the app guides associates to prioritize the highest demand product, which shelf to restock, and the location of the excess product on overhead shelves. Sidekick saves time and increases productivity for associates by:

Leveraging a cloud-enabled ML algorithm to determine which tasks are actionable and when

Home Improvement

Home Depot: Buy Gradually On Dips (NYSE:HD)

December 27, 2022 admin

jetcityimage/iStock Editorial via Getty Images

Introduction

As a dividend growth investor, I seek new investment opportunities in income-generating assets. When I find these assets to be attractively valued, I often add to my existing positions. Additionally, I take advantage of market volatility as we see it today by starting new positions to diversify my holdings and increase my dividend income with less capital.

During a recession like the one economist forecast, the consumer discretionary sector may underperform as consumers stick to their basic expenses. It can be an opportunity to evaluate companies in this sector as the weakness may only

Home Improvement

Up 20% in the Last Month, Is It Time to Buy Home Depot Stock?

December 1, 2022 admin

Home Depot (HD 1.04%) posted a solid third quarter, reflecting steady demand for home improvement projects amid an economic slowdown. The retailer also reaffirmed its guidance for the year, reassuring investors that it’s on track to finish 2022 as expected.

With plenty of homeowners still not back to the office five days a week and spending ample time at home, this consumer discretionary stock looks positioned to gain even more dominance in the home improvement market. But is it currently a buy?

Bringing in the revenue

The company delivered $38.9 billion in revenue for the third quarter, up 5.6%

Home Improvement

Home Depot, Lowe’s to see higher sales as owners remodel amid rising rates

November 22, 2022 admin

Nov 14 (Reuters) – Home Depot Inc (HD.N) and Lowe’s Cos Inc (LOW.N) are likely to report rising sales in the third quarter as Americans continue to spend on home improvements in contrast to other retailers facing declining discretionary spending due to surging prices.

Wall Street analysts see the largest U.S. home improvement chains benefiting as rising interest rates encourage home owners to renovate existing properties rather than move on, while professional contractors have a backlog of work to clear.

“While the prevailing narrative would suggest otherwise, the sky is not yet falling across housing retail,” Wells Fargo analyst Zachary

Home Improvement