With Black Friday less than two days away, consumers still have a lot of shopping to do. According to Deloitte’s 2014 pre-Thanksgiving survey, only 18 percent of consumers have completed their holiday gift shopping to date. Not only do consumers …
Read More »
As Small Business Saturday has its fifth anniversary this weekend, retailers who join the movement can help make this retail holiday a success. According to a Forbes article, Small Business Saturday and “the associated ‘Shop Small’ initiative has helped generate billions of dollars …
Read More »
A 30-year veteran of the retail hardware industry, who worked as a journalist and in corporate communications for True Value, died this month. John Sullivan, 88, of Danville, Illinois, died Nov. 21. Sullivan worked for three decades in the hardware …
Read More »
The Home Depot is facing 44 lawsuits at minimum after payment card information was stolen from customers who shopped at the home improvement company’s stores earlier this year, according to Fortune.com. The data breach cost Home Depot $43 million in the third quarter of fiscal …
Read More »
A Florida judge has ordered Lowe’s Home Centers Inc. to pay $4.6 million to human resources employees and their attorneys in a nationwide class-action lawsuit. The Lowe’s human resources employees had sued the home improvement retailer in 2012, claiming that Lowe’s …
Read More »
Hardware retailers were among store chains making a point to keep their businesses closed on Thanksgiving this year. Home Depot and Ace Hardware both announced via social media that their stores would be closed on the holiday. Home Depot asked its …
Read More »
The number of housing starts is steadily increasing and home improvement remodeling is on the rise, according to an article from the Wall Street Journal. With these two factors slowly improving, the economy is making strides toward pre-recession levels. The Bureau …
Read More »
As the housing market continues to recover, the size of newly built single-family homes is slightly decreasing. Single-family home sizes have been on the rise since the end of the recession, and now they are tapering off for the second …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
