The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up …
Read More »Todd Taber
Lowe’s Reports $17.7B in Q1 2019 Sales
Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …
Read More »Distribution America Retailers Follow Their Own Path
Distribution America is a collective of six distributor members who in turn supply a thriving network of independent home improvement retailers across North America. Learn more about two retailers who are benefiting from Distribution America’s international supply chain to bring …
Read More »Amazon Incentivizes Workers to Start Delivery Businesses
Amazon is expanding its Delivery Service Partner program to incentivize employees to establish their own delivery companies, according to a press release. The new incentive plan will give employees who begin their own delivery service up to $10,000 in startup …
Read More »Busy Beaver Details Expansion Plans
Pittsburgh-based home improvement retailer Busy Beaver is set to open its fourth location in Ohio on May 24. The company is also planning to open new locations in Pennsylvania this fall. The company’s latest Ohio location is in Calcutta and …
Read More »Coming Soon: “Taking Care of Business” With True Value President and CEO John Hartmann
On the next episode of “Taking Care of Business,” True Value president and CEO John Hartmann will discuss how the company is looking to the future and finding new ways to empower its retailers. Hartmann will discuss how True Value …
Read More »U.S., China Impose Tariff Hikes
The U.S. and China, the world’s two largest economies, have both imposed tariff hikes on products entering their countries. The decisions came after the two countries were unable to finalize a trade deal, CNBC reports. Initially, the U.S. increased tariffs …
Read More »Look Back at the 2019 NRHA All-Industry Conference
The home improvement industry shone bright in Las Vegas last week during the 2019 North American Retail Hardware Association (NRHA) All-Industry Conference, co-located with the National Hardware Show®. From informative new data to gripping presentations from retail leaders and insight …
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