Home Depot has announced its third-quarter 2018 financial results. In total, the company reported sales of $26.3 billion, which represents a 5.1 percent increase from the same period in 2017. Comparable sales for the third quarter in the U.S. were …
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HDW Appoints New President
Billy Stapleton has been appointed the new president of Hardware Distribution Warehouses, Inc. (HDW) by the organization’s board of directors. The move comes after previous president and CEO Kenneth Beauvais resigned earlier this month. Stapleton has been with HDW for …
Read More »Home Improvement eRetailer Summit Highlights Ways to Succeed Online
Retailers, manufacturers and industry professionals gathered in Chicago for the third Home Improvement eRetailer Summit. Held Nov. 7-9, the event was designed to allow attendees to gain information and insights on e-commerce opportunities while also fostering new relationships through a …
Read More »Lowe’s Plans to Close 51 Stores, Names New CIO
Lowe’s has announced it plans to close 51 “underperforming store locations as part of its ongoing strategic reassessment,” the company reported in a press release. Twenty of those locations will be in the U.S., and 31 will be in Canada, …
Read More »Final Days to Register for the 2018 NRHA State of Independents Conference
ACT NOW: The deadline to register for the 2018 NRHA State of Independents Conference is Wednesday, Nov. 7! Independent retailers can register for free to hear how home improvement leaders are finding new paths to grow their businesses. The 2018 …
Read More »Marcon Building Supply Halloween Event Unites Community
In Markleysburg, Pennsylvania, local businesses came together to put a spell on shoppers just in time for Halloween. On Oct. 20, Marcon Building Supply hosted its first Halloween-themed event to bring customers of all ages through its doors, meet the …
Read More »Do it Best Adds 2 New Executives
Do it Best Corp. has announced the promotion of two of the company’s employees. Steve Markley, formerly the vice president of merchandising, will now serve as the company’s new executive vice president of operations. William “Dent” Johnson, previously a divisional …
Read More »Orgill Announces New Executive Roles
Orgill, Inc., the world’s largest independent hardlines distributor, has announced that members of its veteran executive team will have new responsibilities beginning January 2019. Ron Beal, Orgill’s longtime chairman, president and CEO, will drop the president title, but remains the …
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