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Home Depot is investing about $11 billion in “internal improvements,” including more distribution centers, The Atlanta Journal-Constitution reports.  The Atlanta newspaper, which is located near Home Depot’s headquarters, interviewed company CEO Craig Menear about the retailer’s plans for growth. Rather than …

Orgill Inc. was one of 43 U.S. companies recognized May 21 with a presidential award honoring companies throughout the country that export U.S. goods and services. Secretary of Commerce Wilbur Ross presented the president’s E Star Award for Exports to …

Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …

Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert …

Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …

Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …

For one lucky retailer, a trip to Las Vegas has paid off. On May 9, Matt Woods with Woods Hardware in Cincinnati was named the winner of the 2018 Reimagine Retail program.  Woods was honored at the North American Retail Hardware …

A newly released study, Home Sweet Home: Locals vs. Amazon, examines the powerful local impact consumers make when purchasing home improvement products at independent businesses instead of on Amazon. The new research reinforces the value of the local economic advantage small …