The National Hardware Show® will be awarding one lucky retailer $100,000 to invest in the future of their business through its Reimagine Retail Program. The program is open to all independently owned home improvement/hardware retailers. Retailers will be able to enter …
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Super Bowl Ad Causes 84 Lumber Website Crash
American football fans had a lot to talk about after Sunday night’s game—the first overtime in Super Bowl history, the Patriot’s unexpected comeback and 84 Lumber’s commercial. According to Time, the building materials company’s ad “tells the story of a Hispanic …
Read More »Associations Expand Resources for Retailers in Hardware, Paint and Decor
The North American Retail Hardware Association (NRHA) and the Paint & Decorating Retailers Association (PDRA), the home improvement and décor industry’s two largest retail organizations, have announced the details of a new alliance designed to provide an even broader array …
Read More »How Home Depot Analyzes and Uses Customer Data
The Home Depot collects data from digital resources, such as its website, promotional emails and social media, and uses that information to drive traffic to stores and better target its advertising and marketing efforts. A Home Depot executive discussed those methods Jan. 16 at …
Read More »Walmart to Cut 1,000 Corporate Jobs
Walmart will eliminate about 1,000 corporate jobs at the end of January, according to an article from The Wall Street Journal. Employees will lose jobs in the company’s human resources, technology and e-commerce departments, the article says. In a memo released to employees Tuesday, CEO Doug McMillon …
Read More »Attendance Up, Attitudes Upbeat at United Hardware’s January Market
United Hardware kicked off its 60th anniversary with a bustling January market, where retailers showed positive attitudes and optimism for the coming year. Despite the colder-than-normal temperatures, the mood at the market, held January 6-8, was upbeat with strong attendance …
Read More »Sears Announces 150 Additional Store Closures
Sears is planning to close 150 additional stores in an attempt to “enhance liquidity and stabilize operating performance,” the company announced Thursday. The company also confirmed that it has struck a deal to sell its Craftsman brand of tools to Stanley Black & Decker for $900 …
Read More »Stanley Buying Craftsman Tool Business in $900M Deal
Stanley Black & Decker is buying Sears’ iconic Craftsman tool brand in a deal valued at about $900 million. With the acquisition, which the manufacturer announced Thursday, Stanley will own the rights to develop, make and sell Craftsman products. The deal is expected to close this year. …
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