Big-box home improvement chain Lowe’s has announced net sales of $19.7 billion in the first quarter of 2020, an 11.3 percent increase over the same period in 2019. Sales grew more than 23 percent over results from the fourth quarter …
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Big-box home improvement retailer Home Depot announced first-quarter 2020 sales of $28.3 billion, representing a 7.1 percent increase from the same period in 2019, according to the company. The total sales for the first quarter of 2020 are more than …
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After filing for bankruptcy, J.C. Penney has announced plans to close more than 240 stores within the next two years, reducing its brick-and-mortar presence by nearly 30 percent, reports CBS News. The retailer currently operates 846 stores but plans to …
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U.S. retail sales fell 16.4 percent from March to April, as many cities and states enacted stay-at-home orders to stem the spread of COVID-19 in the country. The 16 percent drop seen in April nearly doubles the sales slowdown seen …
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PRO Group Inc. announced that Shari Kalbach has been promoted to vice president and chief operating officer. Kalbach will now direct PRO Group’s operational improvements while working to strengthen customer focus. Kalbach has served PRO Group in three key management …
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Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. How Provinces Plan to Reopen A sense that …
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The North American Retail Hardware Association (NRHA) invites all independent retailers to its third virtual town hall session, to be held Thursday, May 21 at 4 p.m. ET. This session will focus on employment law concerns independent home improvement retailers …
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When the spread of COVID-19 began changing the lives of residents in Winston-Salem, North Carolina, Cloverdale Ace Hardware was quick to find new ways to serve. Store owner Douglas Brown scrambled to ensure his business could continue operating, despite challenges. …
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