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Industry News

Lowe’s Picks Indiana for New Customer Support Center

Lowe’s, in conjunction with the State of Indiana and the City of Indianapolis, announced the company’s plans to locate a Customer Support Center in Indianapolis. The Mooresville, North Carolina-based company and world’s second largest home improvement retailer plans to invest …

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Combat Showrooming By Arming Staff with Mobile Tools

Consumers have access to information wherever and whenever they want thanks to the Internet. Today, customer are arguably more prepared and equipped when they visit stores to shop. But they are increasingly using smartphones and mobile devices to search the …

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Visa Introduces New Checkout Option

Visa announced the launch of Visa Checkout, a payment service that replaces its predecessor V.me and enables consumers throughout the United States, Canada and Australia to pay for goods online, on any device, in just a few clicks, according to …

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NAR® Announces Major National Advertising Campaign

WASHINGTON – As a new generation of home buyers enters into recovering real estate markets across the country, the National Association of Realtors® announced the launch of a major national advertising campaign in conjunction with realtor.com®, as well as a …

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Homebuilder Confidence Jumps in July

The National Association of Home Builders (NAHB) reported its July Housing Market Index (HMI)—also known as the “homebuilder confidence index”—rose to 53 from the June reading of 49. Economists had been expecting a less-significant increase to 50. The report was …

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TSC Comp-Stores Down 5 Percent Year-Over-Year Q2

Tractor Supply Company (TSC) announced financial results for its second fiscal quarter ended June 28. Net sales for the second quarter of 2014 increased 8.8 percent to $1.58 billion from $1.46 billion in the second quarter of 2013. Comparable store …

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Markets Improve; Mergers Heat Up

The Hardware Retailing Stock Index posted another positive close in June, buoyed by an improving housing market and gradually strengthening economic conditions. The index rose 6.71 points, or 0.55 percent, and closed at 1235.05. Advancing issues easily topped declining issues …

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