Sears Holdings Corp. is suing its former CEO and the hedge fund he manages for allegedly funneling $2 billion in assets from the retailer, according to the Chicago Tribune. Sears claims that Edward Lampert, the company’s former CEO, “systemically picked …
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U.S. Retail Sales Rise in March
The U.S. Department of Commerce says retail sales in March grew at the fastest pace since late 2017, according to an article from CNBC. In total, retail sales increased at a seasonally adjusted rate of 1.6 percent, the strongest monthly …
Read More »Do it Best Names New Regional Sales and Business Development Manager
Do it Best has announced the addition of Kyle Walters as its newest regional sales and business development manager. Walters will lead a team of territory managers across a region of the southern U.S. covering seven states. Together, Walters and …
Read More »Home Improvement Brands Among ‘Most Loved’
Data analytics company Morning Consult has released its list of the ‘most loved’ brands in the U.S., and big boxes and independent home improvement brands are among the top results. The company surveyed more than 400,000 respondents and tabulated their …
Read More »Ace Hardware Begins E-Commerce Delivery Service
Ace Hardware is introducing a new “buy online, deliver from store” program for Ace locations across the country, according to a press release. The company says the new delivery option is an important component of its enhanced e-commerce offering. “There …
Read More »Lowe’s Announces Job Cuts, Relocations
According to The Charlotte Observer, Lowe’s will eliminate and relocate hundreds of jobs in North Carolina. Approximately 600 full-time employees at Lowe’s corporate offices in Wilkesboro, North Carolina, were told their jobs would be relocated to Lowe’s headquarters in Mooresville, …
Read More »NRHA Announces Joint Event With NHS and IGC
The North American Retail Hardware Association (NRHA) is excited to announce it will be hosting two major events in conjunction with the Independent Garden Center Show (IGC) and the Independent Home Improvement Show being held August 13-15 in Chicago. The 2019 NRHA …
Read More »Listen Up: NRHA Launches First New Podcast Series
Across industries, podcasts are becoming increasingly crucial ways of sharing information and learning from experts. From podcasts centered on the latest movies and TV, to political and comedy programs, podcasts are bringing new voices and new ideas to engaged audiences. …
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