Pneumatic nailing tools manufacturer MAX USA announced today the addition of Laurel Hutchinson as its Midwest regional sales executive. Hutchinson brings 17 years of experience selling Building Products both commercial and residential to the position. She has 11 years of experience selling premium …
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Housing Affordability Takes a Hit
Housing affordability continued to fall across the country as the median price of single-family homes rose due to a continued lack of housing inventory, according to the latest National Association of REALTORS® Housing Affordability Index. The median single-family home price …
Read More »Slow and Steady: Lowe’s Releases Q1 Results
Lowe’s reported net earnings of $624 million for the quarter ended May 2, 2014, a 15.6 percent increase over the same period a year ago. Diluted earnings per share increased 24.5 percent to $0.61 from $0.49 in the first quarter …
Read More »Home Depot Q1 Results: Up, Lower Than Expected
Home Depot’s fiscal first-quarter net income jumped 12 percent as a key sales metric improved despite a slow start to the spring selling season due to bad weather but the company still missed both adjusted earnings and revenue expectations. The company reported first …
Read More »TAKING CARE OF BUSINESS: Do You Have Time for Success?
Just a few short weeks ago, I had the opportunity to take part in one of the most inspiring events in the home improvement industry, The Young Retailer of the Year Awards. For 18 years, NRHA and its sponsors have …
Read More »Do it Best Shows Off Growing Categories, Services For Its Retailers
Do it Best Corp. used its May market, held May 17-19 in Indianapolis, to highlight retail growth opportunities for its members. The co-op placed particular importance on the growth and expansion of core categories, the growth of new categories and …
Read More »Deadline for Retail Management School Scholarship Applications This Friday
The North American Retail Hardware Association (NRHA) has extended the scholarship application deadline to Friday, May 23, for the upcoming class of the Retail Management Certification Program. NRHA is offering two $5,000 scholarships to the summer 2014 session of the …
Read More »Stock Building Supply Opens Structural Component Plants Serving Raleigh-Durham and Salt Lake City Markets
Stock Building Supply announced the opening of two new structural component plants serving customers in the Raleigh-Durham, North Carolina and Salt Lake City, Utah metropolitan areas. In Middlesex, North Carolina, production of roof and floor trusses recently began in a …
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