During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 …
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Attorneys: Lumber Liquidators’ $36M Settlement Excludes the Injured
Attorneys representing people who say chemicals from Lumber Liquidators flooring made them ill claim a new settlement, valued at $36 million, excludes their clients. In October, Lumber Liquidators agreed to pay $26 million in cash and provide $12 million of …
Read More »Standing Out Online Is Key Theme at E-Retailer Summit
The second annual eRetailer Home Improvement Summit was held Nov. 29-Dec. 1 in Orlando, Florida, and speakers at the event discussed how home improvement retailers and suppliers can compete online. Differentiating Your Store Al Meyers, who leads business innovation strategy …
Read More »174 Million Consumers Shopped Over 2017 Holiday Weekend
The 2017 holiday shopping season kicked off over Thanksgiving weekend, with retailers seeing a large boost in consumer traffic. More than 174 million Americans shopped in brick-and-mortar stores and online, beating the original estimate of 164 million shoppers, according to …
Read More »The Economy: Hurricanes and Home Improvement
Jack Kleinhenz is chief economist for the National Retail Federation (NRF), the world’s largest retail trade association. Formerly with the Federal Reserve Bank in Cleveland, Kleinhenz is a contributing forecaster to The Wall Street Journal, CNBC, the Federal Reserve Bank …
Read More »Checking the Foundation of the 2017 Housing Market
Solid demand and steadily increasing home prices have been two of the biggest housing headlines in 2017. To learn more about housing trends this year and predictions going into 2018, Hardware Retailing spoke with George Ratiu, director of quantitative and commercial …
Read More »2017 Market Measure
To download a PDF of the complete 2017 Market Measure, please complete the form at the bottom of the page. The Industry’s Annual Report Looking at external factors alone, one might come to the conclusion that 2017 is shaping up into …
Read More »Walmart, Other Big Boxes Find Holiday Sales Drivers
With the holiday sales season underway, big-box retailers are experimenting with new ways to attract customers to their brick-and-mortar locations to drive sales and deliver memorable holiday shopping experiences. Walmart is planning to hold thousands of parties this holiday season …
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