News

Existing-home sales were up in May, increasing by 5.1 percent from April and jumping 9.2 percent year over year. About 5.35 million existing single-family, townhouses, condominiums and co-ops sold in the U.S. in May, according to the National Association of …

Gracious Home, a chain of four luxury hardware and housewares stores in New York, has new owners—including former Wal-Mart exec Dottie Mattison. Mattison and real-estate executive David Mitchell are buying Gracious Home from an investment group, which will still own …

More than ever, consumers are looking to brick-and-mortar stores for an experience that helps them validate their final purchasing decisions, despite their extensive online retail options. TimeTrade, an online appointment scheduling software company, recently conducted a survey of 1,029 consumers …

During the month of June, True Value Company began hosting one-day certification training workshops for its members across the U.S. There will be 67 sessions held during June and July and more to come in August. The training workshops were announced at …

U.S. retail and food services sales increased in May, up an estimated 2.7  percent from May 2014 — but the home improvement industry’s numbers were even better. Building materials and gardening supplies sellers saw retail sales go up by 4.8 percent year over year, and …

Finding ways to become an integral part of a community is key to your success as an independent home improvement retailer, and working with an organization that serves your community and uses the skills and products available through your business could be a natural fit. The …

Marvin’s Building Materials & Home Centers is renovating a former Wal-Mart store in Georgia to open as a new Marvin’s location. The store will be a 30,000-square-foot home center with an attached lawn and garden center and drive-thru lumberyard. It will offer a complete …

Lumber Liquidators is reorganizing its executive staff after facing federal investigations, public criticism and lawsuits due to accusations that the company sold flooring that contains unsafe amounts of formaldehyde. The leadership shakeup includes terminating William Schlegel, chief merchandising officer, this week. His …