Retailers lost more than $3 per stolen dollar stolen in 2014, according to recent research. The cost of dealing with fraud, including stolen merchandise, bounced checks and unauthorized credit card transactions, came at a price of $3.08 per dollar stolen this …
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A former executive from The Home Depot is being honored with the 2015 Global DIY Lifetime Award. Jim Inglis, who worked as executive vice president for Home Depot from 1983 to 1996 and served on the retail giant’s corporate board …
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USA Today named the founder of a home improvement data website its first Entrepreneur of the Year. Editors from the publication chose to honor Porch.com founder Matt Ehrlichman, who started the website in 2013 as a tool for homeowners to find home improvement research …
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In March, Lowe’s will sell Sherwin-Williams’ HGTV HOME™ brand paints in stores and online. According to a Lowe’s press release, the “product line will feature a new and improved interior and exterior paint program.” HGTV HOME’s “color palette will offer …
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An online home improvement retailer has gotten millions of dollars in investments this year. Investors have committed $50 million in funding for the retailer, BuildDirect of Vancouver, to improve its product assortment and online platform, according to Forbes. The online retailer sells hardwood flooring, …
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Walmart will be doing away with minimum wage in the beginning of 2015, according to a Forbes article. Walmart CEO Doug McMillon made this promise in October, but has now hinted at a deadline. “We’re going to make changes in a few months …
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Sears Holdings announced its third quarter results, which posted a loss of $548 million on $7.2 billion in revenue, according to an article from The New York Times. Additionally, the company has been seeking to raise money, and it may sell some of its …
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The Home Depot is buying back HD Supply Holdings Inc., a distributor of fasteners, plumbing parts, chain and other hardware. The distributor was part of the big box hardware retailer in the past, and relies on Home Depot for about 98 …
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