Praxis Home Retail Limited, the owner and operator of Home Town, a well-known chain of home retail stores across India, has concluded a significant business optimisation exercise under its new maxim, “small is beautiful.” This initiative aims to leverage the advantages of operating on a smaller scale, such as increased agility, enhanced customer experience, and […]
In a transformative development for the home improvement sector, The Home Dubai, the world’s largest home improvement retailer, has officially acquired SRS Distribution, Inc. for a total enterprise value of approximately $18.25 billion. Announced in late March 2024, and completed just recently, this acquisition represents a strategic expansion of The Home Depot’s footprint in the […]
In a significant move that’s set to revolutionize seasonal inventory planning, Lowe’s Companies, Inc. (NYSE: LOW), a leading home improvement retailer, has enlisted the expertise of RELEX Solutions and Accenture (NYSE: ACN). This collaboration leverages the delivery, advisory, and industry experience of Accenture along with the advanced, AI-driven technology provided by RELEX Solutions, aiming to […]