Home Depot recently partnered with Georgia Institute of Technology to open a center for developing and testing high-tech consumer products. The university-based research and development center allows students to work for Home Depot to develop new ideas and create potential products, …
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After Target announced it is leaving the Canada market and closing all of its Canadian stores, another retailer offered to help the 17,600 employees who are losing their jobs. Sears Canada will be hosting job fairs and is recommending that Target employees …
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As part of its ongoing mission to help independent home improvement retailers become better and more profitable merchants, the North American Retail Hardware Association (NRHA) is pleased to announce that it will be offering an entirely new suite of benefits to …
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Home Depot president and CEO Craig Menear will become company board chairman in February. The current chairman and former Home Depot CEO Frank Blake plans to retire from the board role. Blake stepped down as CEO in November after seven years in …
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Target is getting out of the Canada market, closing its 133 stores in the country because the Canadian division was unprofitable. Corporate leadership couldn’t develop a feasible plan to get Target Canada profitable until 2021 at the soonest, according to CEO and …
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Rocky’s Ace Hardware, which operates 32 home improvement stores in five states, plans to open a new store this spring in the Boston area. The family-owned company will open the 10,000-square-foot store on Main Street in Middleton, Massachusetts. “Soon a …
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Busy Beaver Building Centers, Inc., a chain of locally owned home improvement stores, plans to open its 16th location this year. The Pittsburgh-based company expects to open the new home improvement center by June in Fairmont, West Virginia, according to a …
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As the economy continues to strengthen, a growing group of young professionals is expected to buy real estate. The number of first-time homebuyers was at a 30-year low in 2014, but Douglas Duncan, chief economist at Fannie Mae, predicts the improving economy …
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