Industry News

Home Depot has partnered with a growth equity firm to invest $11 million in Homee, an on-demand property maintenance company, the Tampa Business Journal reports. Homee, based in Tampa, Florida, launched in July 2016 and “uses GPS-enabled smartphone technology to link …

Click the picture to download a PDF of this story. By Renee Changnon, rchangnon@nrha.org A Winning Idea Matt Woods, president and CEO of his family business Woods Hardware in Cincinnati, had an exciting idea for improving his operation. However, like many retailers, money …

For many big-box retailers, bigger floor plans are no longer synonymous with being better. In fact, many traditional big-box stores are shrinking their footprints in order to better compete for the attention of today’s consumer. Target, for example, has begun …

Taking a leap of faith can be a big risk, but when you’re chasing your dreams, it’s worth it, say Joe and Leah Van Walbeek. The couple reopened Akron Lumber Co. in Akron, Iowa, this past May. Over the weekend, …

Sears Holdings is experimenting with a Kmart and Sears combination store, even as it closes dozens of individually branded stores throughout the U.S. The company recently opened a Kmart store inside of a Brooklyn, New York, Sears location, according to …

Customers at Dollar General stores in Nashville, Tennessee, can now pay for items directly through their smartphones, company CEO Todd Vasos announced in a May earnings call. Vasos says the app launched in May and will soon expand to include …

The U.S. Supreme Court ruled June 21 that online purchases can be subject to the same state and local taxes as purchases made at brick-and-mortar locations, The New York Times reports. This week’s decision in South Dakota v. Wayfair, Inc. establishes that …

Do it Best Corp. has promoted John Mergy to the role of vice president of information technology, effective July 1. Earlier this year, the co-op announced the retirement of the department’s former executive Mike Altendorf, who is retiring from the …