Click the picture to download a PDF of this story. By Kate Klein, kklein@nrha.org Home organization products compose a growing category, and DIYers are the most frequent buyers of the cabinets, benches and other storage items they need to put their houses …
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Combined Kmart-Sears Store Is a New Venture for Sears Holdings
Sears Holdings is experimenting with a Kmart and Sears combination store, even as it closes dozens of individually branded stores throughout the U.S. The company recently opened a Kmart store inside of a Brooklyn, New York, Sears location, according to …
Read More »Tesla Ending Home Depot Partnership at Year-End
Tesla will cease selling its solar products at Home Depot by the end of the year, ending a brief retail partnership. Tesla began selling solar panels and batteries in Home Depot early this year, planning to create dedicated space for …
Read More »NRHA Launches Fresher, More Accessible Website
The North American Retail Hardware Association (NRHA) has launched a refreshed, updated version of its website that allows the association to serve independent home improvement retailers better. The new nrha.org, which went live June 15, features an updated design. The …
Read More »Walmart to Fund College Degrees for Employees
Walmart is offering to pay for employees’ college tuition, books and fees if they pursue degrees in business or supply chain management, according to the company. “Investing in the personal and professional success of our associates is vital to Walmart’s …
Read More »Lowe’s CFO Marshall Croom to Retire
Lowe’s Companies, Inc. announced June 4 that chief financial officer Marshall Croom plans to retire from the company Oct. 5. Croom took the job of CFO in March 2017, replacing Robert F. Hull Jr. in the position when Hull retired. Croom …
Read More »Lowe’s Phasing Out Paint Removers Containing 2 Chemicals
Lowe’s has committed to stop selling paint solvents containing chemicals linked to “dozens of accidental deaths,” The New York Times reports. The company announced May 29 that, by the end of 2018, it would no longer sell paint strippers with methylene chloride …
Read More »Home Depot Spending $11B on ‘Internal Improvements’
Home Depot is investing about $11 billion in “internal improvements,” including more distribution centers, The Atlanta Journal-Constitution reports. The Atlanta newspaper, which is located near Home Depot’s headquarters, interviewed company CEO Craig Menear about the retailer’s plans for growth. Rather than …
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