Gracious Home, a chain of four luxury hardware and housewares stores in New York, has new owners—including former Wal-Mart exec Dottie Mattison. Mattison and real-estate executive David Mitchell are buying Gracious Home from an investment group, which will still own …
Read More »Kate Klein
Home Improvement Retail Sales Increase in May
U.S. retail and food services sales increased in May, up an estimated 2.7 percent from May 2014 — but the home improvement industry’s numbers were even better. Building materials and gardening supplies sellers saw retail sales go up by 4.8 percent year over year, and …
Read More »Marvin’s New Store Will Repurpose Wal-Mart Building
Marvin’s Building Materials & Home Centers is renovating a former Wal-Mart store in Georgia to open as a new Marvin’s location. The store will be a 30,000-square-foot home center with an attached lawn and garden center and drive-thru lumberyard. It will offer a complete …
Read More »Lumber Liquidators Exec Out Amid Leadership Overhaul
Lumber Liquidators is reorganizing its executive staff after facing federal investigations, public criticism and lawsuits due to accusations that the company sold flooring that contains unsafe amounts of formaldehyde. The leadership shakeup includes terminating William Schlegel, chief merchandising officer, this week. His …
Read More »House-Hasson Offers Technology Seminar
House-Hasson is offering a technology seminar to retailers attending its summer dealer market. The seminar topics include CipherLab’s hand-held portable devices for making electronic orders at dealer markets; how retailers can best use their own websites for e-commerce; and E-Toolbox, a …
Read More »Home Builder Confidence Up for June
Home builder confidence increased in June, hitting its highest point since September, according to survey data from the National Association of Home Builders (NAHB). “Builders are reporting more serious and committed buyers at their job sites and this is reflected in …
Read More »Ace Hardware Plans Support Center Expansion
Ace Hardware Corporation is planning an expansion for a New York supply center that serves nearly 500 stores in nine states. The multimillion dollar project will add 400,000 square feet of new warehouse space over the next two years. Ace is expanding its supply center, …
Read More »Millennials Keep Shopping Traditions Going
Millennials are still shopping at brick-and-mortar stores, including Home Depot, despite their increasingly online lives, according to recent research from Nuestar Inc. About 48 percent of the millennials studied recently shopped at Home Depot, and 64 percent had shopped at Target within …
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