Home » Todd Taber (page 30)

Todd Taber

Todd Taber
Todd is trends editor for Hardware Retailing magazine. He graduated from Indiana University where he majored in journalism and French. Throughout his career, he has aimed to highlight small businesses and their community value. He joined NRHA in 2017.

Pier 1 to End Operations After 58 Years

pier 1

After declaring bankruptcy in February, home decor retailer Pier 1 Imports is set to begin “an orderly wind-down” of operations. “This decision follows months of working to identify a buyer who would continue to operate our business going forward,” says …

Read More »

CNRG Grows Presence in Arkansas

cnrg

Central Network Retail Group (CNRG), the multiformat, multibrand retailer which operates 109 hardware stores, home centers and lumberyards in 15 states, will purchase H&M Lumber in West Helena, Arkansas. The West Helena store currently offers a full assortment of building …

Read More »

Lowe’s Q1 2020 Sales Rise 11%

lowe's

Big-box home improvement chain Lowe’s has announced net sales of $19.7 billion in the first quarter of 2020, an 11.3 percent increase over the same period in 2019. Sales grew more than 23 percent over results from the fourth quarter …

Read More »

Home Depot’s Q1 2020 Sales Climb 7%

home depot

Big-box home improvement retailer Home Depot announced first-quarter 2020 sales of $28.3 billion, representing a 7.1 percent increase from the same period in 2019, according to the company. The total sales for the first quarter of 2020 are more than …

Read More »

J.C. Penney Files for Bankruptcy, Will Close 242 Stores

penney

After filing for bankruptcy, J.C. Penney has announced plans to close more than 240 stores within the next two years, reducing its brick-and-mortar presence by nearly 30 percent, reports CBS News. The retailer currently operates 846 stores but plans to …

Read More »

U.S. Retail Sales Fall Record 16% in April

u.s. retail sales

U.S. retail sales fell 16.4 percent from March to April, as many cities and states enacted stay-at-home orders to stem the spread of COVID-19 in the country. The 16 percent drop seen in April nearly doubles the sales slowdown seen …

Read More »

Canadian Headlines for Retailers: May 18

canadian headlines

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada. How Provinces Plan to Reopen A sense that …

Read More »

Register Now: NRHA Town Hall to Focus on Employment Law Amid COVID-19

employment law amid covid-19

The North American Retail Hardware Association (NRHA) invites all independent retailers to its third virtual town hall session, to be held Thursday, May 21 at 4 p.m. ET. This session will focus on employment law concerns independent home improvement retailers …

Read More »