article thumbnail

Home Depot Enhances Loyalty Program for High-Value Professional Customers

Retail TouchPoints

Pros make up about 10% of The Home Depot’s customer base and approximately half of our sales,” said Hector Padilla, EVP of Outside Sales and Service at The Home Depot in a statement. “To The retailer plans to announce additional benefits for the Member, Elite and VIP tiers throughout 2023.

Customer 284
article thumbnail

AWS’ Silent Nod To FinOps

Forrester eCommerce

In fact, it was a theme he originally introduced in 2012 that revolves around architecting with cost in mind. Last week, Amazon.com VP and CTO Werner Vogels closed out re:Invent 2023 with his keynote address on “The Frugal Architect” This wasn’t the first time, Vogels introduced this topic.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

CX Leaders Are Change Leaders

Forrester eCommerce

In his induction speech into the Wisconsin State Bowling Hall of Fame in 2012, my dad referred to me affectionately as the “pied piper” for my ability to inspire others to go along with new ideas (example: a local bowling fundraiser that raised over $300K for breast cancer research). I had spent the past few […]

Reference 228
article thumbnail

Home Depot Strengthens Pro Offerings with 4 New Distribution Centers

Retail TouchPoints

The Home Depot plans to open four new distribution centers designed specifically for the needs of its professional customers in the first half of 2024. Our distribution network is one piece of the comprehensive pro ecosystem we’re building to better meet the needs of this important customer.”

article thumbnail

Starbucks and Bank of America Link Loyalty Programs to Provide Extra Perks

Retail TouchPoints

Starbucks and Bank of America (BoA) have forged a new partnership designed to offer extra rewards to their most loyal customers. Customers can either link their accounts through the Bank of America or Starbucks site to start collecting rewards. . The millions of BoA cardholders and Starbucks Rewards members in the U.S.

Banking 287
article thumbnail

Home Depot Boosts Pro Offering with $18.25B Acquisition of SRS Distribution

Retail TouchPoints

The deal, which is expected to close by the end of the retailer’s fiscal 2024 in late January 2025, is subject to customer closing conditions and will be funded through a combination of cash and debt. The Home Depot is acquiring building products distributor SRS Distribution for $18.25

article thumbnail

FTC Imposes 5-Year Ban on Rite Aid’s ‘Reckless’ Use of AI-Based Facial Recognition

Retail TouchPoints

The FTC complaint said that from 2012 to 2020, store employees using this technology erroneously accused customers of wrongdoing based on “thousands” of false positive matches with a database of shoplifters and other troublemakers. The FTC also said these actions unfairly targeted Black, Asian, Latino and female customers.