Orgill president and CEO Boyden Moore gave a presentation on Aug. 18 where he provided an update to customers and vendors on the state of the company and industry. The presentation took place as Orgill is hosting its online Fall …
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Home Depot’s Q2 2021 Sales Reach $41B
Big-box home improvement chain Home Depot announced $41.1 billion in second-quarter 2021 sales, an 8.1 percent increase from the same period in 2020. The second-quarter sales represent record quarterly sales for the company. Comparable sales for the company increased 4.5 …
Read More »Northern Tool + Equipment Turns to AI for Pricing Strategy
To improves its pricing strategy, home improvement chain Northern Tool + Equipment has partnered with Revionics, an Aptos Company, as its intelligent pricing platform. Revionics specializes in pricing, promotions and advanced analytics solutions. Northern Tool + Equipment will use the …
Read More »House-Hasson Attendees Discover Deals, Reconnect at Summer Dealer Market
The House-Hasson Summer Dealer Market saw enthusiastic attendees who were ready to buy in person again, access deals and explore new product opportunities at the Sevierville Convention Center in Sevierville, Tennessee, Aug. 13-14. The buying event marked the first in-person …
Read More »Home Depot Continues $1.2B Supply Chain Investment
Big-box chain Home Depot has announced the opening of a new distribution center in Baltimore. The new 800,000 sq. ft. facility is designed to improve delivery to customers throughout the region. Stephanie Smith, senior vice president of supply chain for …
Read More »Consumer Prices Jump 5.4% in July
In July, the consumer price index (CPI), which measures the cost of goods and services, jumped 5.4 percent from the previous July, according to a CNBC report. Core inflation, which excludes energy and food costs, rose 0.3 percent, well within …
Read More »House-Hasson to Hold First In-Person Dealer Market in More Than 18 Months
House-Hasson Hardware is holding its first in-person dealer market Aug. 12-14 in Sevierville, Tennessee—and the company’s president says hotel rooms reserved for the event were snapped up by retailer attendees faster than for any market in the company’s history. “The …
Read More »New Possibilities for Vassar Building Center
Mike MacKay, president of Vassar Building Center in Michigan, is a planner. He scoured his community for new locations to expand his business for many years, but never quite landed on the perfect space at the perfect moment. The company …
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