News

Lumber Liquidators is facing a blitz of lawsuits related to accusations that some of the company’s laminated flooring contains unsafe quantities of formaldehyde. CBS reported March 1 that the flooring company sold laminate flooring with higher levels of formaldehyde than permitted by California’s …

Amazon has finally been given the green light from U.S. federal regulators to test delivery drone outdoors, an initiative that was at a standstill earlier this year. According to a Reuters article, the Federal Aviation Administration had given approval to an Amazon …

One size does not fit all when it comes to marketing to different generations of consumers today. Attendees of the North American Retail Hardware Association (NRHA) All-Industry Conference, held May 5-7 in conjunction with the National Hardware Show®, will have …

Builders FirstSource Inc., a U.S. building products manufacturer and supplier, is buying ProBuild Holdings in a $1.6 billion deal. The purchase will combine the companies, making a diversified business with a larger geographic footprint and greater ability to use economies of scale, according to …

The Home Depot, the world’s largest home center chain, ended 2014 with sales of more than $83 billion — growth that reflects changes to the company’s business strategies. For example, the 2014 comp-store sales increase of 5.3 percent shows the results of Home Depot’s rededication …

Orgill, Inc. has announced plans to increase the size of its Sikeston, Missouri, distribution center by more than 250,000 square feet. The expansion will bring the total size of the state-of-the-art distribution facility to more than 1 million square feet. …

Last week, Lowe’s announced it would be actively phasing out and eliminating neonicotinoid pesticides, which are considered a leading contributor to global bee declines, from its stores. Neonicotinoid pesticides, also known as neonic pesticides, are sold to boost yields of staple crops …