Home Depot Delivers on Sales Promises
Good things may come to those who wait, but more often, they come to those who sweat and put in the effort. Home Depot (NYSE: HD) has always been a industry-leading retailer, but in the company's fiscal third quarter, sales came in lower than expected as the return on key investments had yet to fully materialize. The company insisted that the benefits would come, and it's now starting to see the fruits of its efforts.
In 2018, Home Depot rolled out the One Home Depot strategy, an initiative meant to combine the physical and digital parts of its business for a frictionless, interconnected customer experience. This forward-thinking approach took into account consumers' increasing dependence on digital technology to either support or supplant in-store shopping.
Image source: Home Depot.
Source Fool.com
