Industry News

Lowe’s Companies, Inc., saw sales increases for the third quarter of 2015, and expects to end the fiscal year on a growth pattern. In quarter three, the company’s sales grew to $14.4 billion, an increase of 5 percent over the same period a year …

Don’t forget that the remodeling market has been recovering along with the housing market, so you can plan to sell projects, such as kitchen remodels, to homeowners who want to update their houses in 2o16. To find what remodeling projects are the …

The Home Depot today reported sales increases in the third quarter and expectations of overall sales growth for fiscal year 2015. The quarter’s $21.8 billion in sales represented a 6.4 percent rise compared to the same period in 2014. In addition, comparable store sales in …

The lumber starts out as timber in Russian forests, where endangered tigers and leopards live – then the wood is stolen, taken to China and sold to Western companies that make furniture and flooring. Companies such as Lumber Liquidators, the flooring discounter headquartered in …

Many retailers are looking for new, creative ways to engage today’s millennial customers online. Moving beyond basic Facebook and Twitter use, companies are finding platforms that consumers may already use to attract a new audience for their products and services. Lowe’s has taken …

Robots are trending as retail employees, and a new model can be programmed to rapidly check an entire store’s inventory. This new robot on the scene is called Tally, and is the creation of Simbe, a San Francisco startup company, according …

Sales in 2015 grew by 5.81 percent, with the typical hardware store seeing a 2.9 percent profit increase; and, high-profit hardware stores outperformed with a 7.1 percent profit increase. The contributing factors for the high profit stores include higher customer …

Both home sales and home prices were on the rise throughout the U.S. in the third quarter, according to the National Association of Realtors. Total existing-home sales, including for single-family houses and condominiums, increased 3.4 percent from the second quarter to the third …