Lowe’s has been ordered to pay $1.6 million to settle a lawsuit alleging inaccurate and misleading advertising. According to Marin News, the settlement, ordered by Marin Superior Court Judge Paul M. Haakenson, is the culmination of a civil enforcement action …
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A new national study conducted for Lowe’s reveals that security/safety is the primary driver behind consumers’ desires to purchase home automation equipment. Cost remains the barrier. According to CEPro, the data from the Lowe’s 2014 Smart Home Survey reveals that a …
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Sears is shutting 130 stores across the country. According to SILive.com, after already closing 95 stores, the retailer says it will shut down 35 more. Sears Holding Co. says there could be more stores shut down in the future as well. …
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Home Depot announced second quarter results, with comparable store sales in the positive numbers, up 5.8 percent across the entire company, and positive 6.4 percent across U.S. stores. In the second quarter of fiscal 2014, sales were reported at $23.8 …
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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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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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