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The results of continued investments in True Value’s strategic plan are starting to pay dividends and the recent rumors swirling around a potential sale of the co-op will not be a distraction, according to the company’s president and CEO John …

Lowe’s is continuing to reduce its U.S. staff, confirming Aug. 3 layoffs of  “an undisclosed number of delivery workers nationwide” and the outsourcing of their work, The Charlotte Observer reports. Lowe’s, which is headquartered near Charlotte in Mooreseville, North Carolina, told the Charlotte newspaper that the latest …

As retailers crowded into United Hardware’s Fall and Winter Buying Market, held July 28-30 at the Minneapolis Convention Center, one message came across loud and clear. There are plenty of opportunities to gain success in the home improvement industry for those …

Sears announced Thursday that it will begin selling Kenmore appliances on Amazon that feature Amazon’s smart home assistant Alexa, reports the Chicago Tribune. According to the article, Sears will sell Kenmore appliances that can be operated using Alexa’s voice-activation capabilities. …

According to a Bloomberg report Monday, True Value Co. is “considering a sale that could value the home-improvement store chain at about $800 million.” People who asked not to be identified as they weren’t authorized to speak publicly say the company …

The Home Depot has announced an agreement to purchase Compact Power Equipment Inc., a national provider of equipment rental and maintenance services, for $265 million in cash. The transaction, which Home Depot confirmed July 6, is expected to close by the …

On June 16, Amazon announced it would be acquiring the high-end grocery chain Whole Foods Market for $13.7 billion, reports The Wall Street Journal. The acquisition gives the online retailer a network of more than 460 stores “that could serve as beachheads for …

Sears Canada has filed for bankruptcy protection, according to a company report released Thursday. Over the past 18 months, Sears has taken on restructuring initiatives, including developing technology systems, redefining its brand positioning and updating its product assortment, according to the company. As …