Industry News

Lowe’s has announced a new leadership structure that includes “simplified roles and responsibilities to drive operational excellence,” the company announced in a press release. The company has eliminated several positions, including chief operating officer, chief customer officer, corporate administration executive …

After nearly 50 years with the company, Home Hardware Stores Limited’s president and CEO, Terry Davis, has announced his plans for retirement later this year. As he prepares to step down, Davis will be helping transition the company to a …

Across the retail landscape, more big boxes are relying on task automation to reduce labor expenditures and enable employees to interact directly with customers, The Wall Street Journal reports. Target says it plans to add cash-counting checkout machines to 500 …

Over the next five years, Home Depot will spend $1.2 billion to deliver products faster as customers’ expectations for delivery speeds shift, The Wall Street Journal reports. As part of its plan to reach 90 percent of the U.S. population …

The 17th annual Taiwan Hardware Show will be hosting hardware buyers from around the world and is expanding its programs for attendees from other countries. The event, which is scheduled for Oct. 17-19 in Taichung, Taiwan, will feature 450 exhibitors …

Home Depot and Walmart have both recently installed in-store pickup options for online orders, USA Today reports. Customers who make online purchases from Home Depot can come to participating locations, unlock one of the pickup lockers and retrieve their merchandise …

Ace Hardware Corp. has announced expansion plans for its retail support center in West Jefferson, Ohio, as part of the co-op’s plans to grow and restructure its distribution network. The renovations will add more than 300,000 square feet to the …

Even before the signing of the Declaration of Independence, retail began establishing its roots in the U.S. Impressively, some of those early businesses are still in operation, having survived by evolving for more than two centuries. The July issue of Hardware …