News

The U.S. Supreme Court ruled June 21 that online purchases can be subject to the same state and local taxes as purchases made at brick-and-mortar locations, The New York Times reports. This week’s decision in South Dakota v. Wayfair, Inc. establishes that …

Do it Best Corp. has promoted John Mergy to the role of vice president of information technology, effective July 1. Earlier this year, the co-op announced the retirement of the department’s former executive Mike Altendorf, who is retiring from the …

Tesla will cease selling its solar products at Home Depot by the end of the year, ending a brief retail partnership. Tesla began selling solar panels and batteries in Home Depot early this year, planning to create dedicated space for …

The North American Retail Hardware Association (NRHA) has launched a refreshed, updated version of its website that allows the association to serve independent home improvement retailers better. The new nrha.org, which went live June 15, features an updated design. The …

When Peter Loveland heads to work, he knows he’s walking in the footsteps of family members who came before him. Loveland is the fifth generation to manage his family’s home improvement business, Maze Lumber. Founded in Peru, Illinois, in 1848 …

Sears Hometown and Outlet Stores Inc. will close up to 100 of its 882 stores, the company announced in its first-quarter 2018 financial results. Sears Hometown and Outlet Stores is a Sears spinoff company that mainly sells appliances, hardware, tools …

A new survey from the National Retail Federation (NRF) and the University of Florida says that retail shrink, or losses from theft, fraud and other causes, decreased in 2017. Financial losses from retail shrink were $46.8 billion in 2017, down …

When customers arrive at Oak Hill Hardware in Scarborough, Maine, they know they’ll be greeted with a smile and a wagging tail. Black Lab mix Rivet is a local celebrity, sought out by children and adults who drop in sometimes …