The Home Depot’s overall and comparable U.S. store sales were up in the first quarter, boosting the company’s expectations for sales growth for all of 2016. The numbers reflect “our stronger than expected start to the year,” Craig Menear, CEO, president and …
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Walmart is suing Visa, saying the credit card company is not letting it require customers to use PINs rather than signatures to secure purchases made with chip-embedded debit cards. The lawsuit “could stoke the continuing debate about how to balance security and convenience …
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Government agencies have granted Lowe’s the final approvals needed for the retailer to buy Canadian home improvement retailer and distributor RONA Inc. in a deal expected to close May 20. Lowe’s needed two final approvals to move forward, and the company announced May 13 …
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J.C. Penney is scaling up its home products business this year, and venturing back into appliance sales at 500 stores after a decades-long hiatus. The changes are coming after a successful appliance pilot program in three markets and under the leadership of CEO Marvin …
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Joughin Hardware has been its community’s primary resource of DIY project advice and household problem solving for 139 years. “We’ve been an important part of our community for all of these years because if people have a problem, they know we can help them fix …
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Recent financial news has continued to be negative for Sears Holdings. The company is closing 78 unprofitable stores, in addition to its clothing design office in New York City this year in efforts to improve its bottom line. The company is still the favorite seller of appliances in the U.S., …
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When the state of California was bustling with thousands of miners eager to strike gold in the 1800s, Placerville Hardware sold supplies to the fortune seekers and accepted gold dust as payment. Today, the clientele has changed, but the original wooden floors, sliding ladders and …
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Since California and New York approved minimum wage increases this month, minimum wage is fresh on business owners’ minds. But increases–even up to a $15 base wage–aren’t cause for intense anxiety, says Gina Schaefer, who owns A Few Cool Hardware Stores’ 11 locations in Washington, D.C., …
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