In June, Amazon announced it would purchase high-end grocery chain Whole Foods for $13.7 billion, and The Wall Street Journal reports that pricing is a key factor in the online retailer’s strategy for the chain. According to The Wall Street Journal, the Federal …
Read More »Melanie Moul
Home Depot to Pay $5.7M for Allegedly Selling Recalled Products
The Home Depot will pay $5.7 million to the U.S. government as a settlement for selling recalled products, The New York Times reports. From April 2012 to November 2016, the U.S. Consumer Product Safety Commission says the home improvement big-box …
Read More »HDW Houston Distribution Center Dry After Hurricane Harvey Makes Landfall
On Friday, Aug. 25, Hurricane Harvey made landfall on the Gulf Coast near Corpus Christi, Texas, according to The New York Times. The storm has since weakened to a tropical storm, but weather forecasters are predicting more than 50 inches of rain …
Read More »Lowe’s to Increase Workers’ Hours to Keep Q2 Momentum
In its second-quarter financial results released Wednesday, Lowe’s announced that it will increase “customer-facing hours” to continue its upward trend in comparable store sales, according to the company. “Lowe’s hopes to ride the wave of stronger shopper traffic with the investment …
Read More »NRHA Offers Retailers Business Tools for Success
The North American Retail Hardware Association (NRHA) represents and provides business tools for all independent hardware stores, home centers and lumberyards regardless of wholesale affiliation. If your retail operation fits into one of those categories, NRHA offers you a wide …
Read More »Home Depot Reports Historic Quarterly Sales
The Home Depot reported Tuesday quarterly sales of $28.1 billion for the second quarter of 2017, which is a 6.2 percent increase over the same period last year. “We were pleased with our results this quarter as our customers rewarded …
Read More »Personal, Professional Development Highlighted at NRHA STIHL Foundations of Leadership Conference
The North American Retail Hardware Association (NRHA) hosted the first NRHA STIHL Foundations of Leadership Conference Aug. 2-3 at the NRHA conference center in Indianapolis. Retailer attendees were current students and graduates of programs offered through the NRHA’s Retail Leadership Institute, …
Read More »Home Improvement Spending to Reach $316B
According to Harvard University’s Joint Center for Housing Studies, Americans are expected to spend $316 billion on home improvement upgrades this year, reports The Wall Street Journal. Because of this growth in home improvement spending, home improvement retailers have continued to …
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