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Spinoff Recruits Independent Stores To Sell Sears Products

A Sears spinoff company is actively recruiting independent hardware stores and lumberyards to open Sears-branded space within their businesses for selling appliances and lawn and garden equipment. The company, Sears Hometown and Outlet Stores, requires that each independent business dedicate at least …

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Lowe’s Canada Grows, Names New VP

Lowe’s Canada, the Toronto-based division of Lowe’s Companies Inc., recently named Gregor Stuart vice president for supply chain. Stuart is joining a team that is looking to expand the big-box retailer’s presence in Canada. He comes to Lowe’s with more than 25 years of …

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Home Depot To Buy Distributor for $1.6B

This week, The Home Depot announced it is buying Interline Brands, a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The big-box retail chain is paying about $1.63 billion in cash in a deal expected …

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Do Consumers Know You Are Locally Owned?

While many consumers can recognize an independent home improvement store by its small-town feel and top-notch service, many don’t know a business is locally owned and operated if it uses national branding or has multiple locations. Customers may see a …

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Motivate Millennials in the Workplace

Do you scratch your head when thinking about how to manage your millennial employees better? Do you have a hard time deciphering how to hire and retain workers from the generation at your business? For some suggested solutions, read the following tips from this …

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Target Offers Experimental Smart Home Experience

This week, Target is unveiling a new project in San Francisco to give consumers a hands-on smart home experience. The Target Open House is part retail space, part lab and part meeting venue for the connected home tech community in San Francisco, according …

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4 Reasons Home Depot Tops Lowe’s Web Sales

The Home Depot has consistently grown its e-commerce business, doing more than twice as much in sales online as Lowe’s did last year. Forbes offers suggestions for why The Home Depot is outpacing its top competitor in web sales: “(B)etter interconnectedness between …

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House-Hasson Buys Long-Lewis Hardware

Regional hardware distributor House-Hasson bought Long-Lewis Hardware Company, finalizing the deal today. House-Hasson, which is based in Knoxville, Tennessee, will gain about $30 million in annual sales due to the purchase, boosting the distributor’s annual revenues above $200 million, according to the company. …

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