Paint retail chain J.C. Licht has sold to a private businessman, reaffirming its former owner’s commitment to selling paint only through independent businesses. Elliot Greenberg, a former executive from regional home improvement chain Ring’s End, announced this month that he bought …
Read More »Industry News
Sears’ Ongoing Struggle to Compete
Sears is continuing to feel the heat from its competitors, including those that may have learned from its mass distribution model. The company, which was the front-runner in mass distribution starting in the 1800s with its mail-order catalogs, is now …
Read More »Do it Best Corp. Provides Scholarship for NRHA Training Program
Garrett Retz from Cardwell Do it Best Home Center in Indianapolis is attending the Spring 2016 class of the North American Retail Hardware Association’s (NRHA) Retail Management Certification Program, thanks to a $6,250 scholarship sponsored by Do it Best Corp. …
Read More »Going Mini With the Tiny House Trend
If you’ve watched home design shows or you’ve browsed through Pinterest much, you may have seen examples of the homes attracting varying types of homeowners to the tiny house movement. According to The Tiny Life, a resource for people seeking information on tiny living, …
Read More »Hardware Stores Seeing Housewares Sales increase
Housewares sales have dropped overall in the U.S., but home improvement stores have increased market share for the category. Annual U.S. housewares expenditures slowed to 2.3-percent growth between 2013 and 2014, down from 5.9-percent growth between 2012 and 2013, according …
Read More »Tech Gets Bigger, Especially in Home Security
Home automation technology is an ever-growing retail segment, and products for home security and other house improvements are top sellers worldwide. Home security systems produced the most revenue –$1.51 billion–of all home automation products in a market that is growing rapidly, …
Read More »HDW Reports Record Opening-Day Attendance at Market
Hardware Distribution Warehouses, Inc. (HDW) CEO and president Kenneth R. Beauvais reported record opening-day attendance at the distributor’s spring market. HDW hosted the show Jan. 29-31 at the Shreveport Convention Center in Shreveport, Louisiana. The market’s attendance was boosted this year with …
Read More »Target: Gauging What Customers Want
Like so many other retailers, Target is trying its best to engage with millennial customers by trying to figure out their wants and needs. That’s part of working on beefing up the company’s U.S. business, which CEO Brian Cornell had …
Read More »