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Smart Home Products Get Awards at CES

CES

CES® has become known as a place to see innovative and breakthrough technologies, and this year, home improvement products for the smart home got some attention. At this year’s event, manufacturers and developers from around the world wowed attendees with innovations …

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Lowe’s-Owned Chain Expanding in California

Orchard Supple Hardware

Lowe’s is growing its Orchard Supply Hardware chain, which the big-box retailer bought out of bankruptcy in 2013. Orchard Supply Hardware is set to open nine new stores in 2016, growing its store count from 76 to 85, according to the …

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Study Shows Homeowners Want Bigger Closets

A recent study shows that more than half of people who renovate their master bedrooms also expand their closets. Houzz, an online home improvement community, surveyed more than 1,500 people who completed a bedroom renovation or decorating project in the past 12 months, …

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E-Commerce Driving Retail Fraud Loss

Loss prevention is top of mind year-round for most retailers, but businesses may be more susceptible to retail fraud now than ever before. The National Retail Federation (NRF) reported findings from the 2015 True Cost of Fraud Study from LexisNexis, which …

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United Market Offers Strong Start to New Year

United Hardware

Retailers attending United Hardware’s 2016 January Buying Market were approaching the New Year with optimism as they looked for new products, ways to refresh core categories and marketing solutions for their stores. The market, held Jan. 8-10 at the Minneapolis …

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Lowe’s Innovator Recognized as One of ‘True Originals’

The National Retail Federation recently called out a Lowe’s tech leader as an innovator among “true originals who rock the boat with ideas so crazy, they just might work.” Kyle Nel is executive director of Lowe’s Innovation Labs, which is the giant retailer’s …

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Housing Starts Reach Seven-Year High

consumer confidence

The number of housing starts in the U.S. rose to a seasonally adjusted rate of 1.2 million in November, or 16.5 percent growth above November 2014, for a seven-year high. Single-family production increased 7.6 percent to a seasonally adjusted annual rate …

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Handy Hardware to Retire Name at Spring Market

World and Main

Regional distributor Handy Hardware is retiring its name this year in favor of World and Main, the name of its parent company. Handy Hardware will formally adopt the World and Main name at its spring buying market, which is scheduled for Jan. …

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