The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …
Read More »
Walmart is trying out a new method for offering fixed employee scheduling at approximately 650 stores, according to The Wall-Street Journal. The system allows select employees to have a set schedule for six months at a time, rather than finding out three …
Read More »
Spoga+gafa, the world’s largest annual lawn, garden and outdoor living trade fair, will be kicking off in September in Cologne, Germany. The event, scheduled for Sept. 4-6 at the Koelnmesse Exhibition Center, will include more than 2,000 exhibitors from 60 countries, making …
Read More »
Homeowners are living in their houses longer than in the past, home values are increasing and millennials are forming their own households—all good news for Home Depot, according to CEO Craig Menear. “All of those have actually helped our business. I …
Read More »
Lowe’s is taking its social media presence to a new level with a fresh tool: Facebook 360. At the end of July, the home improvement giant launched a Facebook video campaign titled “Made in a Minute.” Through the new Facebook 360-degree video …
Read More »
Today, Wal-Mart Stores, Inc. announced that it has entered into a definitive agreement to acquire online retailer Jet for $3 billion in cash. In addition, $300 million of Walmart shares will be paid over time as part of the transaction. The purchase …
Read More »
National distributor World and Main has hired former building supply company executive Bryan Yeazel as its new president and CEO, effective immediately. Yeazel replaces G. Stephen LeGraw, who served as interim CEO for the past few months following executive staff changes, …
Read More »
This week, Orgill Inc. announced plans to expand upon its network of distribution facilities with the addition of an approximately half-million-square-foot distribution center located in Post Falls, Idaho. Orgill has signed an agreement to acquire the facility and is expecting …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
