Lifetime Brands, owner of housewares brands including Farberware and KitchenAid, reported Q2 sales of $115.3 million, up 18.9 percent from a year ago. So far this year, the company has acquired U.K.-based Kitchen Craft and La Cafetiere, as well as …
Read More »
According to NRHA Canada and our Hardlines partners, Ace Hardware has filed an emergency injunction against its Canadian partner, TIM-BR MART Group, through TIM-BR MART’s parent company, TBM Holdco Ltd. According to the report, the injunction centers around the licensing agreement …
Read More »
After three consecutive months of solid gains, pending home sales slowed modestly in June, according to the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, declined 1.1 percent to 102.7 in June …
Read More »
Klein Tools announced today that Mathias Klein III (Mat) will retire as chairman of the board in June, 2015, but will continue to serve on the company’s board of directors. This marks a 46 year career with Klein Tools for Mat. …
Read More »
Economic activity in the manufacturing sector expanded in July for the 14th consecutive month, and the overall economy grew for the 62nd consecutive month, according to the latest Manufacturing ISM Report. The report, issued today by Bradley J. Holcomb, CPSM, …
Read More »
Sears has agreed to a $5 million settlement in a class action alleging it misclassified workers in order to not pay them overtime pay. “The $5 million settlement resolves all current and potential litigation concerning the classification of the [loss …
Read More »
When it comes to the way people work, the dynamics of the workplace and interacting on person-to-person and digital levels is changing, according to industry experts who explored the changing nature of the workplace during a “Future of Work” event …
Read More »
The Home Depot today announced the promotion of Ted Decker to Executive Vice President – Merchandising, effective August 4. In his new role, Decker will be responsible for all aspects of merchandising strategy and operations, reporting to Craig Menear, president …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
