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 …
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Urge Consumers to Shop Local This Holiday Season
Because the holiday season is right around the corner, consumers will be emptying their wallets at retail stores across the country. Last November and December alone, consumers spent more than $616.1 billion, according to data from the National Retail Federation. The holiday …
Read More »New Lumber Liquidators CEO Tapped for Turnaround
After about nine months of public scrutiny and a leadership overhaul, Lumber Liquidators has named a new CEO to lead a company turnaround. The new CEO, John Presley, was chairman of the lumber discounter’s board of directors and will remain a …
Read More »Plan for 2016’s China International Hardware Show
The 15th annual 2015 China International Hardware Show (CIHS) concluded at the end of October in Shanghai, China, and continues on a growth trajectory. If you’re interested in international insight into the home improvement industry, mark your calendars for Oct. 21-23, 2016. The growing …
Read More »House-Hasson Makes Changes Following Acquisition
House-Hasson Hardware’s acquisition of Long-Lewis Hardware has brought key changes to both companies. House-Hasson has received a new regional manager; 10 new sales staff members; and 150, 18-wheeler truckloads of merchandise placed on warehouse shelves to sell. “This was an …
Read More »It’s Time to Reassess Your Insurance Plan
The year 2015 is coming to a close, which means it’s time for business owners to think about renewing or purchasing a health insurance plan for the coming year. NRHA’s health insurance expert Bob Chiesa, president of Custom Benefits Insurance …
Read More »A Takeover and Revamp for Hensel’s Ace Hardware
Hensel’s Ace Hardware has taken an unusual approach to store layout, and owning two buildings in the heart of their city makes that possible. As the Arcata, California, business has grown, it has steadily moved into more of the town’s …
Read More »Intertape Polymer Group Acquires TaraTape for $11 Million
Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …
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