Amazon has canceled plans to build one of the sites of its second headquarters in New York City, reports The New York Times. After being granted nearly $3 billion in financial incentives, the online giant faced stiff criticism from some …
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Home Depot Cuts Its Installation Staff
Home Depot is laying off employees within its U.S. exterior installation staff, Business Insider reports. According to the article, the layoffs affect fewer than 1,000 employees. “After reviewing the installation business, we’ve decided it’s right to wind down our roofing, …
Read More »Final Days to Nominate a 2019 Young Retailer of the Year
The clock is ticking to submit a nomination for the 2019 Young Retailer of the Year program! For 23 years, the Young Retailer of the Year program, presented by the North American Retail Hardware Association (NRHA), has highlighted the successes …
Read More »Sears Emerges From Bankruptcy Proceedings
Sears will live to sell another day, CNN reports. After reviewing a $5.2B bid to save the company, bankruptcy court judge Robert Drain approved the sale of most of Sears’ assets to ESL Investments, the hedge fund managed by Edward …
Read More »U.S. Economy Adds Jobs for 100th Consecutive Month
In the January 2019 jobs report, the Department of Labor revealed the U.S. economy added jobs for the 100th consecutive month, according to the Wall Street Journal. Total nonfarm payroll employment increased by 304,000 jobs in January, according to the …
Read More »Orgill’s Chairman and CEO Talks Approach to the Home Improvement Market
Ron Beal Chairman and CEO Beal joined Orgill in 1985 and served as a senior vice president and general manager before becoming president and CEO in 2005, and chairman in 2013. In 2019, he stepped down as president, but remains …
Read More »Reimagine Retail Winner Matt Woods Explores Tech Opportunities
Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Virtual Vision Matt Woods, president and CEO of family business Woods Hardware, says his favorite part of being an independent retailer is being able to decide what’s best for …
Read More »NRHA Launches Hot Products Hub, a New E-Newsletter
Coming Feb. 6, the North American Retail Hardware Association (NRHA) will be delivering a new e-newsletter featuring the latest home improvement products and trends. Hot Products Hub, produced by Hardware Retailing magazine and sponsored by the National Hardware Show®, will …
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