Industry News

Amazon is increasing the annual price of its membership program, Amazon Prime. Currently, a Prime membership costs $99 per year, but that price will bump up 20 percent to $119 on May 11 for new subscribers, according to Amazon. Prime …

On May 8-10 in Las Vegas, the National Hardware Show® will unite the home improvement industry, giving show attendees an exclusive look at the products, technology and trends pushing the industry forward. “The 2018 National Hardware Show has something for …

Canada’s Home Hardware has a new president. The company’s board of directors recently announced that, as of April 16, Terry Davis will serve as president. Davis has served as CEO since 2014, but succeeded Paul Straus as president upon Straus’ …

The National Hardware Show® has announced the five finalists of its Reimagine Retail program, which awards one independent retailer with $100,000 to jump-start a business improvement plan at their operation. This year, entrants were asked how they would use technology to …

True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …

Imagine having the ability to travel more than a century back in time. While there, you’re able to walk the streets of the city you call home and explore what it was like at the end of the 19th century. …

In May 2017, Robert Lau became the winner of the first-ever Reimagine Retail program. A panel of judges selected Lau’s plan to improve his business and awarded him $100,000 to put his plans into action. Lau proposed adding an in-store …

Walmart’s technology division, Walmart Labs, is following the same steps as Home Depot as both big-box companies are searching for technology workers to add to their ranks, CNBC and Silicon Valley-based The Mercury News report. The Mercury News says Walmart Labs …