The Home Depot has announced its acquisition of Wisconsin bedding and bath business The Company Store. The Company Store operates five retail stores in Wisconsin, Maine and North Carolina, and an online store. Home Depot publicized the purchase Dec. 21, but …
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Lowe’s Names First Chief Digital Officer
Vikram Singh will serve as Lowe’s Cos. Inc.’s senior vice president and its first chief digital officer, the company states in a press release. The chief digital officer will “accelerate Lowe’s digital evolution and drive a holistic integrated strategy to …
Read More »Retired Industry Veteran Jim Gray Dies
James P. “Jim” Gray, longtime employee of the North American Retail Hardware Association, the American Hardware Manufacturers Association and other industry groups, died Dec. 13 in Indianapolis. He was 76 years old. Gray was born Jan. 2, 1941, in Springfield, …
Read More »Going Private Is Not a New Suggestion for Sears
When a shareholder recently requested that Sears Holdings consider going private, the investment company was not suggesting a new idea. The investor, Memento S.A., released a letter Dec. 7, asking the retailer “to form a board to look after shareholders, …
Read More »2018 International Hardware Fair Explores Digital Opportunities
With just under three months before the 2018 EISENWARENMESSE International Hardware Fair (IHF) kicks off, retailers, manufacturers and industry leaders are gearing up for a world-class showcase of the latest products and industry insights. More than 2,700 vendors will present …
Read More »Dollar General to Open 900 Stores, Go Urban
Dollar General recently announced plans to open 900 stores, remodel 1,000 existing stores and expand into urban areas in 2018, The Wall Street Journal reports. The discount retailer already has about 14,000 locations in the U.S., mostly in rural areas, …
Read More »Carr Hardware Wins National Retail Contest
For the past few months, Independent We Stand, a movement that exists to support independent businesses, has held its seventh annual Independent Small Business of the Year award, or Indie Award contest. The contest is designed to help recognize the top …
Read More »Home Improvement Retailer Busy Beaver Expands
Pittsburgh-based home improvement retailer Busy Beaver has announced plans to open five new locations in 2018, the company reports in a press release. These new stores will be in addition to the 18 locations in Pennsylvania, Ohio and West Virginia …
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