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The Home Depot Reports Q1 Sales Growth

The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …

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Young Retailer Gets Training Scholarship

Jonathan Miller, 2015 Young Retailer of the Year Award winner, received a partial scholarship from the National Hardware Show® to attend the NRHA Retail Management Certification Program. Miller was awarded the $5,000 scholarship at the Young Retailer of the Year awards …

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Do it Best Donates Bikes to Community Center

Employees from Do it Best Corp. assembled and donated bicycles to an Indianapolis community center this week. The co-op, which is based in Fort Wayne, Indiana, had sales and business development workers put together the two dozen bikes as a team-building project prior …

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Financial Problems Piling Up for Lumber Liquidators

After a news report came out in March saying that Lumber Liquidators’ Chinese-made laminate flooring contained unsafe levels of formaldehyde, the company is being investigated by federal agencies, has been slapped with class-action lawsuits and now faces even more troubles. Lumber Liquidators has halted sales of its laminate flooring …

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Photo Gallery: A Look Back at the 2015 National Hardware Show®

The home improvement industry’s biggest gathering offered three days packed with education, entertainment, networking and ceremonies celebrating outstanding retailers, products and companies. The National Hardware Show® hosted its 70th show May 5-7 in Las Vegas, and introduced some changes, such as …

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Lowe’s Moving Into Former Target Canada Locations

target

Lowe’s Canada is moving into locations Target Canada has left vacant, acquiring leases for 13 Target buildings and also buying a Target distribution center in a $151 million deal. Target Canada announced in January that it would leave the Canada market this year, …

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NRHA Enhances Building Materials Course

The North American Retail Hardware Association (NRHA) has recently released an updated version of one of its training tools: the Basic Training Course in Building Materials Retailing. The retailing course covers lumber, engineered wood products, millwork, cabinets, windows and doors, siding …

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