The lumber starts out as timber in Russian forests, where endangered tigers and leopards live – then the wood is stolen, taken to China and sold to Western companies that make furniture and flooring. Companies such as Lumber Liquidators, the flooring discounter headquartered in …
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Lowe’s Uses Vine to Share How-to Tips
Many retailers are looking for new, creative ways to engage today’s millennial customers online. Moving beyond basic Facebook and Twitter use, companies are finding platforms that consumers may already use to attract a new audience for their products and services. Lowe’s has taken …
Read More »New Lumber Liquidators CEO Tapped for Turnaround
After about nine months of public scrutiny and a leadership overhaul, Lumber Liquidators has named a new CEO to lead a company turnaround. The new CEO, John Presley, was chairman of the lumber discounter’s board of directors and will remain a …
Read More »Lowe’s to Send 3-D Printing ‘Off the Planet’
Lowe’s plans to change space travel with its latest tech project—and that’s not a far-off fantasy. The giant retailer is slated to launch a commercial 3-D printer to the International Space Station in early 2016, taking manufacturing off the Earth. The goal …
Read More »Home Depot App Helps Customers Preview Paint
When homeowners debate painting the walls in their home, one of the biggest reasons they abandon the project may be due to the uncertainty of the final look. Since doubt makes many consumers hesitant to paint, big box retailer Home Depot released the app …
Read More »Lumber Liquidators Guilty in 2013 Case, Will Pay $10M
Federal agencies are still investigating formaldehyde in Lumber Liquidators’ Chinese-made laminate flooring, which brought a firestorm of federal scrutiny and class-action lawsuits this year – but the company settled a 2013 case this month. In 2013, special agents from the Immigration and …
Read More »Home Depot Adds Linda Gooden as Board Member
This week, Home Depot announced the appointment of Linda Gooden to its board of directors. Gooden will serve on the company’s audit and leadership development and compensation committees. Her appointment gives the company 12 directors. Gooden, who retired in 2013 from Lockheed Martin …
Read More »Amazon Wants to Move in With You
Amazon is already a click away on your smartphone or computer, but you can bring the online retailer even closer to home through Dash buttons – small devices made for ordering products. Now Amazon is available to share your kitchen, bathroom, laundry room and …
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