Industry News

Lumber Liquidators this month reported a boost in net sales during the fourth quarter of 2016, but the full year’s financial performance reflected woes that began in 2015. In 2015, investigations into the chemical contents of the flooring discounter’s Chinese-made laminate started major …

The Home Depot and Ace Hardware Corp. released their fourth-quarter and year-end earnings reports this week, showing positive results for both. Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.” Read …

The independent home improvement industry is consistently developing. Innovative retailers are moving forward with advancements like in-store pick up, omnichannel retailing and strategic digital marketing. Despite a rapidly evolving business world, one thing shouldn’t be lost: history. The Swedish Hardware Heritage Association’s …

Yardwork That Pays for Itself When homeowners start working on their yards this spring, many of them will likely tackle projects they hope will improve the resale values of their homes. The National Association of Realtors surveyed 2,000 real estate …

To view a PDF of this story, click here. By Kate Klein, kklein@nrha.org Continuing a Legacy of Kindness A fire on Christmas Day destroyed a Phillips Hardware employee’s apartment building, and his co-workers were quick to help. The staff from the …

Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.” The cooperative saw fourth-quarter 2016 revenues of $1.2 billion, an increase of 5.8 percent from the fourth quarter of 2015. …

Lowe’s is making another round of staffing cuts at its corporate headquarters and two support facilities, according to the Charlotte, North Carolina, NBC affiliate, WCNC. About 430 positions at the company’s corporate headquarters in Mooresville, North Carolina, were eliminated Tuesday, along …

While retailers in other sectors have been struggling, The Home Depot’s fourth quarter 2016 financial results marked overall growth for the company, according to a press release by the Home Depot. The big-box retailer reported 5.8 percent growth over the …