Industry News

Home Depot is laying off employees within its U.S. exterior installation staff, Business Insider reports. According to the article, the layoffs affect fewer than 1,000 employees. “After reviewing the installation business, we’ve decided it’s right to wind down our roofing, …

The clock is ticking to submit a nomination for the 2019 Young Retailer of the Year program! For 23 years, the Young Retailer of the Year program, presented by the North American Retail Hardware Association (NRHA), has highlighted the successes …

Sears will live to sell another day, CNN reports. After reviewing a $5.2B bid to save the company, bankruptcy court judge Robert Drain approved the sale of most of Sears’ assets to ESL Investments, the hedge fund managed by Edward …

A new report from the Associated Press outlines some of the federal tax changes small business owners should be aware of as they begin filing their annual returns. Take a moment to review a few of the tax changes for …

Lowe’s is officially pulling the plug on Iris, its line of smart home products and security systems, tech news website CNET reports. Lowe’s sent an email to Iris users informing them their devices will no longer work as of March …

In the January 2019 jobs report, the Department of Labor revealed the U.S. economy added jobs for the 100th consecutive month, according to the Wall Street Journal. Total nonfarm payroll employment increased by 304,000 jobs in January, according to the …

Homeowners who are planning to accommodate their own aging or that of close family members are more likely to invest in major master bath upgrades in their homes, according to recent research from the home improvement website Houzz. In fact, …

Click the picture to download a PDF of this story. Service By Design By Liz Lichtenberger, llichtenberger@nrha.org In its 172-year history, Memphis, Tennessee-based Orgill Inc. has witnessed many changes impacting the home improvement industry. Long recognized as an industry leader, Orgill …