Home Depot president and CEO Craig Menear will become company board chairman in February. The current chairman and former Home Depot CEO Frank Blake plans to retire from the board role. Blake stepped down as CEO in November after seven years in …
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Imagine going to summer camp but not being allowed to speak your primary language. That experience offers the perfect setting to learn a different language, according to Lowe’s. For the past five years, employees from Lowe’s distribution centers in the U.S. have gained unique, one-week training through an immersion program. …
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The National Retail Federation’s look back on the 2014 holidays shows that combined sales from November and December beat 2013’s total by 4 percent. Holiday retail sales were $616.1 billion during the 2014 holiday season, nearly reaching predicted growth of 4.1 …
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Target is getting out of the Canada market, closing its 133 stores in the country because the Canadian division was unprofitable. Corporate leadership couldn’t develop a feasible plan to get Target Canada profitable until 2021 at the soonest, according to CEO and …
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A former Lowe’s employee has sued the home improvement company, saying he suffered sexual discrimination. Adam Haimowitz of Tallman, New York, says his frequent complaints about the discrimination weren’t taken seriously by Lowe’s human resources employees, according to an article from …
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Rocky’s Ace Hardware, which operates 32 home improvement stores in five states, plans to open a new store this spring in the Boston area. The family-owned company will open the 10,000-square-foot store on Main Street in Middleton, Massachusetts. “Soon a …
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In the past, men and women had extremely different shopping patterns and behaviors, leading to the coining of the term “mansumer” in 2012. However, as the omnichannel shopping experience has become easier, the shopping behaviors of men and women are …
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Busy Beaver Building Centers, Inc., a chain of locally owned home improvement stores, plans to open its 16th location this year. The Pittsburgh-based company expects to open the new home improvement center by June in Fairmont, West Virginia, according to a …
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