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 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 »
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 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 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. …
Read More »
In 2016, J.C. Penney has experimented with multiple product categories that compete directly with home improvement retailers, and the year isn’t quite over yet. The Texas company began selling heating, ventilation and air conditioning systems in November in test stores in …
Read More »
The National Labor Relations Board (NLRB) is addressing another potential labor law violation by Menards. The NLRB issued a complaint regarding the big box home improvement retailer for possibly violating labor laws by classifying its delivery drivers as independent contractors instead of …
Read More »
Lowe’s Canada has plans for expansion that include growing the Canadian company RONA and roughly tripling Ace Hardware’s store count. In May, Lowe’s finalized its purchase of home improvement chain RONA and this month released more information about its plans for the acquisition. Through its purchase of RONA, Lowe’s …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
