On August 20, Lowe’s announced second quarter fiscal 2014 results. Although comparable sales were up 4.4 percent for the quarter, the home improvement chain scaled back on full-year financial targets. Sales for the second quarter increased 5.7 percent to $16.6 …
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The Home Depot announced that Craig Menear, currently president, U.S. retail, has been named CEO and president, effective November 1, and has been elected to the company’s board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain …
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Amazon is ready for a fight in what has become a boxing ring filled with mobile point-of-sale providers. But it might have the early advantage against the reigning heavyweight champ thanks to a generous pricing model for first-time users. Amazon …
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Fueled by strong single- and multifamily growth, nationwide housing starts rose 15.7 percent to a seasonally adjusted annual rate of 1.093 million units in July, the highest level since November 2013, according to newly released figures from the U.S. Department …
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Home-price growth continued to moderate in many metropolitan areas in the second quarter and national year-over-year price appreciation is now at its slowest pace since 2012, according to the latest quarterly report by the National Association of Realtors®. The median …
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The push is on in Canada for a single smartphone app that controls your home appliances, from the lights in your bedroom to the security system guarding your front door. At a “Smart Open House” on Tuesday, Home Depot representatives …
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Employee longevity is a rarity these days, but at Blish-Mize, the company is celebrating just that. Lynn Banks, Gerald Banks, and Galen Banks have each worked in the Blish-Mize distribution center in Atchison, Kan., for more than 40 years. The …
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Orgill, Inc. just wrapped up its Fall Dealer Market which ran from Aug. 14-16 at Chicago’s McCormick Place Convention Center. The event spanned 865,000 square feet—making it the largest show floor in Orgill’s history. In addition to its typical market-only …
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