Industry News

On Jan. 4, Hardware Distribution Warehouses Inc. (HDW) announced the closure of both its warehouses, according to a statement posted to the company’s official website. “As most of you are aware, HDW has been in negotiations in an attempt to …

Retailers attending the United Hardware January 2019 Buying Market started off the new year in a big way with aggressive buying opportunities and programs from their wholesaler to help build transaction size in their stores. One highlight of the market, …

Investing in home improvement leadership training is a decision that can strengthen your business for decades to come. By demonstrating your belief in your managers and other high-level personnel, you can give them the confidence they need to lead your …

Edward Lampert, chairman and former CEO of Sears, has announced a new $5 billion plan to save the company, according to a report from Reuters. Lampert’s revised offer will be reviewed by Sears at a Jan. 14 bankruptcy auction. The …

At the House-Hasson 2019 Dealer Market, attendees will preview products from more than 700 vendors, a 15 percent increase over last year’s event. Retailer-specific credit cards are also a new feature to this year’s event, which takes place Jan. 10-12 …

Lowe’s has announced plans to hire more than 65,000 employees in 2019. In a press release, the company says the new hiring initiative will enable it to “improve customer service and product availability.” More than 50,000 of these hires will …

Meagan McCoy Jones will now serve as president and chief operating officer (COO) of McCoy’s Building Supply, the company has announced. Previously, McCoy Jones served as executive vice president and COO. “Meagan continues to take on more of the leadership …

As retailers struggle to fill jobs, a new report from the Associated Press suggests some retailers are raising wages and hoping for more efficient employees. The report says retail workers have seen some of the economy’s best wage gains in …