Tag Archives: big box

Lowe’s today announced an agreement to buy Canadian home improvement retailer and distributor RONA Inc. in a $2.3 billion deal, dramatically enlarging the U.S. company’s presence in Canada. “The transaction is expected to accelerate Lowe’s growth strategy by significantly expanding …

Sears Canada is gearing up to close another round of stores, according to the Globe and Mail. The move by the company appears to be following in the footsteps of Target Canada, which shuttered its operations in the country last spring. According to …

Lowe’s is dropping a business partnership that has opened more than 60 Australian home improvement stores since 2011. The retailer’s partner, Australian company Woolworths Limited, manages businesses in the supermarket, liquor and hospitality sectors, in addition to Masters Home Improvement. The company has called …

Walmart has announced plans to close 269 stores, including 154 locations in the U.S., which marks a change for the company. “It’s the first mass closing,” Walmart expert and journalist Charles Fishman told Hardware Retailing. “I think this isn’t significant financially. It’s significant symbolically.” …

Lowe’s is growing its Orchard Supply Hardware chain, which the big-box retailer bought out of bankruptcy in 2013. Orchard Supply Hardware is set to open nine new stores in 2016, growing its store count from 76 to 85, according to the …

The National Retail Federation recently called out a Lowe’s tech leader as an innovator among “true originals who rock the boat with ideas so crazy, they just might work.” Kyle Nel is executive director of Lowe’s Innovation Labs, which is the giant retailer’s …

Target is developing a mobile pay option of its own, following the lead of Walmart and several other major companies, Reuters reports. Target’s mobile wallet would most likely use barcode scanning technology, which customers could use at checkout terminals, Reuters says. This is the same …

In addition to serving DIYers and professionals, The Home Depot has made its way into show business with a store devoted to the film industry. The Home Depot Studio Store is located inside the the film and entertainment studio complex Pinewood Atlanta Studios in …