News

Walmart is implementing some deep price cuts on products, and the effects could be far reaching. Companies impacted the most by the big-box retailer’s slashed prices include Target, Family Dollar and Dollar General, which may see lower earnings if they drop prices to compete, Business Insider reports this …

Do it Best Corp. president and CEO Dan Starr was on hand to present an Idaho retailer with a scholarship to the North American Retail Hardware Association (NRHA) Retail Management Certification Program. Do it Best provided Andrew Brubaker from Pro X Home Center …

Hardlines, an information service for the retail home improvement industry, this week honored the industry’s top retailers from across Canada with the annual Outstanding Retailer Awards. Hardlines presented the awards at a gala dinner Oct. 18, which was the first day of the …

Walmart corporate has big plans to grow its e-commerce presence. Yet at the same time, it plans to reduce brick-and-mortar store openings by nearly 60 percent year over year. The company is increasingly investing in growing its online sales. This is demonstrated by its …

Stanley Black & Decker hasn’t confirmed news that it was bidding on Sears’ Craftsman tool business, but the company has announced a different major acquisition. This week, Stanley reported it is buying Newell Brands’ tool business. This includes industrial cutting, hand …

Imagine this–a customer approaches the checkout counter with a high-dollar item. He or she pulls out a partially-used gift card, and to the customer’s surprise, the balance comes up as zero. What happened? Your customer experienced a form of digital …

Consumer Confidence and Manufacturing Drop in Q2 Home sales and home prices were up in the second quarter of 2016, but other economic indicators didn’t look so good in the U.S. Consumer confidence, as reported in The Conference Board’s Consumer …

This month, more than 50,000 people will gather in Shanghai, China, to attend the China International Hardware Show (CIHS) 2016. Now in its 16th year, enhancements to the show will provide a more convenient experience for both exhibitors and visitors. CIHS 2016 will take place Oct. …