The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …
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Lowe’s Adapts Virtual Reality Tool to Train Workers
Lowe’s has been testing in-store virtual reality experiences for customers, and now it is using the technology for employee training. The company has reimagined the consumer version of the tool, Holoroom How To, for workers, called Holoroom How To: Red …
Read More »Less Than 2 Weeks Left to Submit Young Retailer of the Year Nominations
There are just a few days left to submit your nomination for the 2018 Young Retailer of the Year program before the Feb. 28 deadline! Now in its 22nd year, the Young Retailer of the Year program highlights the accomplishments …
Read More »Home Remodeling Spending to Increase in 2018
Homeowners are expected to spend nearly $340 billion on residential repairs and renovations in 2018, according to recent data from the Joint Center for Housing Studies of Harvard University. The organization released the latest Leading Indicator of Remodeling Activity (LIRA), which …
Read More »Revenues, Same-Store Sales Up for Ace Hardware
Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
Read More »True Value Spring Reunion Showcases Marketing Tools and Retail Independence
Independent retailers gathered in Washington, D.C., to discover new products, attend educational sessions, learn about marketing opportunities and network with industry peers at the True Value Spring Reunion. The day before the buying show began, retailers were invited to attend …
Read More »Ace Hardware CEO Advises Priorities, ‘Productive Paranoia’ for Leaders
David Novak, retired CEO of the company that owns the KFC, Taco Bell and Pizza Hut brands, recently interviewed Ace Hardware’s president and CEO for a podcast on leadership. John Venhuizen, who is president and CEO of Ace Hardware Corp., …
Read More »Animals Find Loving Homes at Annual Retailer Event
For nearly a decade, Patti Christie, owner of Hood’s Do it Best in Wyandotte, Michigan, has been using her platform to help animals find their forever homes. She has always been an advocate for animals, and her friend Terra Muscat …
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