Westlake Ace Hardware is still in acquisition mode, now making plans to buy the Dennis Company, a five-store home improvement chain in Washington. On Jan. 11, Westlake announced the deal, which is slated to close March 26. The Dennis Company …
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‘We’re Going After Sears,’ J.C. Penney CEO Says
Marvin Ellison, J.C. Penney’s current CEO and a former Home Depot executive, has his eye on Sears’ appliance business. “We’re going after Sears and we’re going after market share that we think is going to be available not only now …
Read More »The Latest on Home Depot’s Acquisitions
The Home Depot made deals to buy two businesses during the second half of 2017, eyeing opportunities for future growth online and in its brick-and-mortar locations. Now, reports suggest that the home improvement retailer is considering the purchase of XPO …
Read More »Sears Takes DieHard Auto Parts to Amazon
Sears Holdings has taken another aspect of its business to Amazon, announcing it will sell DieHard auto products on the e-commerce site, the company reports. The retailer says it is opening up DieHard to sales on Amazon to celebrate the …
Read More »Home Depot Buys Bedding and Bath Company
The Home Depot has announced its acquisition of Wisconsin bedding and bath business The Company Store. The Company Store operates five retail stores in Wisconsin, Maine and North Carolina, and an online store. Home Depot publicized the purchase Dec. 21, but …
Read More »2018 International Hardware Fair Explores Digital Opportunities
With just under three months before the 2018 EISENWARENMESSE International Hardware Fair (IHF) kicks off, retailers, manufacturers and industry leaders are gearing up for a world-class showcase of the latest products and industry insights. More than 2,700 vendors will present …
Read More »Home Improvement Retailer Busy Beaver Expands
Pittsburgh-based home improvement retailer Busy Beaver has announced plans to open five new locations in 2018, the company reports in a press release. These new stores will be in addition to the 18 locations in Pennsylvania, Ohio and West Virginia …
Read More »Better Than 2016: Lowe’s Sales Hit $16B in Q3
2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …
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