Industry News

While Home Depot’s growth strategy is focused on e-commerce, the retailer is also looking to tap into the expected boom in drilling activity in states such as Louisiana, North Dakota and Texas, according to an article in The Wall Street …

For decades, Home Depot excelled at the traditional retail model of growing by adding new locations. But the home improvement chain is making a hard turn toward the Internet in the face of changing shopper habits and fast diminishing returns …

According to a Reuters story, Lowe’s has agreed to pay a $500,000 penalty for violating rules governing lead paint exposure, the U.S. Environmental Protection Agency and the Department of Justice said. The company also agreed to implement a new compliance …

March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month, according to the National Retail Federation. It was also a positive month for the home improvement sector: building material and garden equipment and supplies dealers …

Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Job growth is …

The National Retail Federation recently told a congressional panel that the retail industry is committed to safeguarding and protecting consumer data and information from highly motivated and sophisticated cybercriminals and hackers. “Retailers make significant investments every year in order to protect [consumer] …

Do it Best Corp. recently hired Eric Knox as Regional Sales and Business Development Manager. In this position, Knox will lead a team of territory managers for a 10-state region covering parts of the central, southern and southwestern United States, …

The home improvement industry’s largest gathering of independent retailers is right around the corner: The National Hardware Show® will be May 6-8 in Las Vegas. And the NRHA All-Industry Conference, which will offer a free series of educational seminars and …