Home » Author Archives: Kate Klein

Author Archives: Kate Klein

Attorneys: Lumber Liquidators’ $36M Settlement Excludes the Injured

Lumber Liquidators

Attorneys representing people who say chemicals from Lumber Liquidators flooring made them ill claim a new settlement, valued at $36 million, excludes their clients. In October, Lumber Liquidators agreed to pay $26 million in cash and provide $12 million of ... Read More »

Manufacturers, Distributors Gather for Executive Planning Conference

Executive Planning Conference

Distribution America and PRO Group Inc. recently co-hosted distributors and manufacturers for the annual Executive Planning Conference in Florida. The mid-November event included three days of more than 2,600 face-to-face distributor and supplier meetings, as well as networking events. Steve ... Read More »

Making Big Splashes With Shower Updates

Click the picture to download a PDF of this story Homeowners who are planning to remodel their master bathrooms are making a big deal out of shower upgrades. Master bathrooms are one of the top spaces homeowners remodel, according to ... Read More »

Better Than 2016: Lowe’s Sales Hit $16B in Q3

Lowe's

2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 ... Read More »

Ace Hardware’s Revenue Up Again in Q3

Ace Hardware

Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent ... Read More »

Sears Selling Properties to Support Worker Pensions

Sears Holdings

Sears Holdings has announced plans to contribute hundreds of millions of dollars to employee pensions with the sale of 140 properties, according to the company. “The struggling retailer said it expects to raise the $407 million in pension contributions by selling the ... Read More »

Sears Holdings to Continue Store Closures in 2018

store closures

Sears Holdings is planning more Sears and Kmart store closures for January 2018, according to CBS News. The latest store closures include 45 Kmarts and 18 Sears locations in more than 25 states, CBS News reports. The money-losing Sears has worked on selling off iconic ... Read More »

Ace-Sponsored TV Show ‘Make48’ Goes National

Make48

A TV show that Westlake Ace Hardware has sponsored in the past now has a sponsorship from Ace Hardware Corp. and debuted nationally this fall. “Make48” features several teams of inventors competing against each other to create new consumer products ... Read More »