Lowe’s hasn’t yet sold its share of a failed home improvement business in Australia, but other big-box retailers, including a large South African company, have expressed interest in buying the venture. The home improvement business includes 63 Masters Home Improvement stores, as well as multiple …

American shoppers spend billions of dollars on gifts annually to celebrate new high school and college graduates and help them transition into their new seasons of life. The average person buying graduation gifts will spend more than $100 per two graduates this spring, research from the …

First-quarter earnings data is out for The Home Depot, Lowe’s Companies, Inc., Ace Hardware Corp. and True Value Co., and the numbers are up for the big-box retailers and the co-ops. Home improvement businesses aren’t suffering the same slumps as clothing stores and other …

Lowe’s Companies, Inc. just expanded dramatically in Canada by finalizing its purchase of Canadian company RONA Inc. The American retailer announced May 20 that it has completed its purchase of RONA Inc. as planned in a transaction valued at $2.4 billion. The acquisition …

This week, Ace Hardware Corp. reported first-quarter 2016 revenue of $1.2 billon, for an increase of 4.3 percent above the same period in 2015. The home improvement cooperative also experienced same-store sales growth, with an increase of 2.2 percent from the …

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 …

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 …

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 …