Homeowners are living in their houses longer than in the past, home values are increasing and millennials are forming their own households—all good news for Home Depot, according to CEO Craig Menear. “All of those have actually helped our business. I …
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Lowe’s is taking its social media presence to a new level with a fresh tool: Facebook 360. At the end of July, the home improvement giant launched a Facebook video campaign titled “Made in a Minute.” Through the new Facebook 360-degree video …
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Today, Wal-Mart Stores, Inc. announced that it has entered into a definitive agreement to acquire online retailer Jet for $3 billion in cash. In addition, $300 million of Walmart shares will be paid over time as part of the transaction. The purchase …
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National distributor World and Main has hired former building supply company executive Bryan Yeazel as its new president and CEO, effective immediately. Yeazel replaces G. Stephen LeGraw, who served as interim CEO for the past few months following executive staff changes, …
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This week, Orgill Inc. announced plans to expand upon its network of distribution facilities with the addition of an approximately half-million-square-foot distribution center located in Post Falls, Idaho. Orgill has signed an agreement to acquire the facility and is expecting …
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Sales territory expansions and sales staff additions in Louisiana, Pennsylvania and Ohio helped propel House-Hasson Hardware’s June dealer market to the highest ever-attendance for the company’s summer market. The event was held at the Wilderness of the Smokies Resort in …
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This week, True Value Company announced its second quarter results for fiscal 2016, with gross billings of $585.1 million, up 2 percent or $11.4 million from the same period a year ago. The company also reported revenue of $438.7 million, …
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Amazon’s ability to provide quick delivery has been a long-time selling point, but that doesn’t come without costs. During the second quarter of 2016, Amazon spent $3.88 billion on its distribution network, or “fulfillment,” a 35 percent increase from the …
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