News

In a recent episode of “Fast Money” on CNBC, former Home Depot CEO Bob Nardelli spoke about how Home Depot has found success in both traditional and online retailing. “They are using the bricks and the clicks together,” Nardelli says in the …

Sears Canada has filed for bankruptcy protection, according to a company report released Thursday. Over the past 18 months, Sears has taken on restructuring initiatives, including developing technology systems, redefining its brand positioning and updating its product assortment, according to the company. As …

Ace Hardware has announced a second big-box home improvement executive hire this week, recruiting Lisa Doyle from Lowe’s to serve as its new head of retail training. Doyle previously was vice president of learning and development at Lowe’s, according to a June 22 statement from …

The number of stores Sears Holdings is closing has risen to 265, Business Insider reports June 22. That new total is nearly 20 percent of the 1,405 stores Sears reported it was operating as of Jan. 28, which was the close of the …

Ace Hardware Corp. has hired former Home Depot executive John Sommers Jr. to serve as the co-op’s vice president of merchandising. Sommers, who starts with Ace on July 10, is a 23-year veteran of Home Depot and has worked in a variety of positions in …

Handy Hardware has a Tennessee flavor that’s a little bit of MoonPie, museum and typical hardware put together. The Franklin, Tennessee, store is located south of Nashville near a downtown business district that features boutiques, restaurants and high-end chain stores. …

On the anniversary of the deadly Pulse nightclub shooting that unfolded just blocks from their store, the owner and employees of Toole’s Ace Hardware on South Orange Street in Orlando, Florida, banded together to support their community’s memorial event. On …

Sears Canada may be following in the footsteps of its former U.S. parent company, Sears Holdings. The Canadian company says it has “significant doubt” of its ability to continue operations, according to CNN. Sears Holdings used similar language regarding its ability to stay …