The U.S. Bankruptcy Court for the District of Delaware recently approved Lowe’s acquisition of the majority of assets of Orchard Supply Hardware. Upon the transaction’s closing, Richard D. Maltsbarger, a Lowe’s executive who led the team to acquire Orchard, will …
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Independent We Stand Now Accepting Nominations for 2013 Indie Award
The national “buy local” movement Independent We Stand is currently accepting nominations for the 2013 Independent Small Business of the Year Award Sponsored by Chrysler Group. The award celebrates the characteristics that make locally owned, independent businesses unique, like quality …
Read More »Attendees Look For Plumbing Alternatives, Discounts at Orgill’s Fall Dealer Market
Retailers from around the globe arrived in Boston this week for Orgill’s Fall Dealer Market. The show, which opened Thursday morning, ran through Saturday. One of the most talked-about displays on the show floor was a comprehensive showcase for the …
Read More »Existing-Home Sales Up in July
Existing-home sales jumped in July, with the median price maintaining double-digit year-over-year increases, according to the National Association of Realtors® (NAR). Total existing-home sales increased 6.5 percent to a seasonally adjusted annual rate of 5.39 million in July from a downwardly revised …
Read More »“Editorial Challenges the Industry to Evolve”
To watch the video, click here. A testimonial by an independent retailer in the hardware industry.
Read More »“Hardware Retailing is Written for Retailers”
To watch the video, click here. A testimonial from an independent retailer in the home improvement industry.
Read More »Lowe’s Comp-Store Sales Up 9.6% in Second Quarter
Increased demand for home improvement products led Lowe’s to a jump in comparable-store sales in the second quarter, the company reported. Its comparable-store sales for the quarter increased 9.6 percent; over the past six months, comparable-store sales grew by 4.6 …
Read More »Distribution America, PRO Group Executive Planning Conference Scheduled for November
Home improvement industry manufacturers and vendors can meet with Distribution America (DA) officials and PRO Group leaders during the 2014 Executive Planning Conference (EPC), scheduled for Nov. 13-15 at the Marco Island Marriott Resort & Spa in Florida. The conference …
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