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Lowe’s Announces New CIO

Lowe’s Companies, Inc. announced that Paul D. Ramsay was promoted to chief information officer (CIO), effective immediately. He has been serving as acting CIO since March. Ramsay will report to Richard D. Maltsbarger, who has been appointed chief development officer. Maltsbarger ... Read More »

Housing Shortages in the Future?

New home construction activity is currently insufficient in most of the U.S., and some states could face persistent housing shortages and affordability issues unless housing starts increase to match up with local job creation, according to new analysis by the ... Read More »

HERO Appoints New Execs

HERO (I.C.T.C. Holdings Corporation) appointed Terry Newton as Sr. VP Global Sales – Key Accounts. Newton has been involved in the delivery of custom color, most recently with X-Rite as Vice-President, Sales & Business Development, and Carlos de Melo to ... Read More »

Nail Polish and Ace Together at Last

Ace and OPI have teamed up for a first-ever relationship of its kind. No, we’re not talking about outdoor power equipment, we’re talking about OPI, the premier professional nail lacquer brand. Ace and OPI have teamed up to bring OPI’s most popular ... Read More »

Economic Concerns Slow Home Purchases

A combination of rising home prices, higher mortgage rates and general economic concerns seem to be restraining Americans from taking part in the spring and summer home-buying season. In May, 68% of Americans thought it was a good time to ... Read More »

Housing Activity in Some Areas Getting Back to Normal

Nationwide, 56 of 350 metro markets returned to or exceeded their last normal levels of economic and housing activity in June, according to the National Association of Home Builders’ First American Leading Markets Index. Year over year, this represents a ... Read More »

Wal-Mart and Amazon Continue to Make Changes

To say that Wal-Mart and Amazon have created a one-two power punch that fundamentally has reshaped the retail industry is part understatement and part duh. Wal-Mart has become the dominant bricks-and-mortar player, while Amazon is king online. Each has critics ... Read More »

FHA’s New Plan Means More Credit Available to Borrowers

The Federal Housing Agency is taking steps to expand access to mortgage credit for underserved borrowers. Department of Housing and Urban Development Secretary Shaun Donovan told a gathering of the National Association on Realtors May 13 that lending to potential ... Read More »