Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …
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2018 National Hardware Show® Highlights Innovation, Ideas
Last week, the city of Las Vegas brought the heat in many ways. In addition to warm weather, the 2018 National Hardware Show® and the North American Retail Hardware Association’s (NRHA) All-Industry Conference presented a sizzling showcase of unique products, …
Read More »Walmart Invests $16B in E-Commerce With Flipkart Deal
Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …
Read More »Retailers Gain Insight Into Industry and Innovations at National Hardware Show®
Together, the National Hardware Show® and North American Retail Hardware Association (NRHA) All-Industry Conference have offered insight into what’s new and important in the home improvement industry. The show and conference were held May 8-10 in Las Vegas. “This year’s …
Read More »House-Hasson Expanding Warehouse Capabilities
House-Hasson Hardware, an independent, regional hardware distributor based in Tennessee, is launching a major expansion of one of its two product warehouses. The company is adding a 50,000-square-foot addition to its Prichard, West Virginia, facility. The warehouse will have 300,000 …
Read More »Ohio Retailer Receiving $100K as Reimagine Retail Winner
For one lucky retailer, a trip to Las Vegas has paid off. On May 9, Matt Woods with Woods Hardware in Cincinnati was named the winner of the 2018 Reimagine Retail program. Woods was honored at the North American Retail Hardware …
Read More »2018 Young Retailer of the Year Honorees Celebrated in Las Vegas
For 22 years, the North American Retail Hardware Association (NRHA) has highlighted the achievements of independent home improvement retailers 35 years old and younger through its Young Retailer of the Year program. Prior to the NRHA All-Industry Conference at the …
Read More »Price Increasing for Amazon Prime Memberships in May, June
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 …
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