After closing about 400 stores in the last year, Sears has confirmed that it is set to close 63 additional locations in September. These closures include 48 Sears stores and 15 Kmarts, according to the company. The retailer published a list …

Click the picture to download a PDF of this story. Sponsored by HIRI | HIRI.org The Home Improvement Research Institute (HIRI) has released its Home Improvement Products Market Forecast Update. The study provides updated estimates of the size and overall value of …

Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent …

Home Depot released its first-quarter 2018 financial results May 15, reporting an increase in sales. The company achieved $24.9 billion in sales during the quarter, for a 4.4 percent increase above the same period in 2017. By April 29, Home …

Walmart has confirmed a $16 billion deal to buy a controlling stake in Flipkart, an Indian e-commerce company. The acquisition “is the largest acquisition yet by the world’s largest retailer,” according to an article from the Associated Press. Within the …

For one lucky retailer, a trip to Las Vegas has paid off. On May 9, Matt Woods with Woods Hardware in Cincinnati was named the winner of the 2018 Reimagine Retail program.  Woods was honored at the North American Retail Hardware …

On May 8-10 in Las Vegas, the National Hardware Show® will unite the home improvement industry, giving show attendees an exclusive look at the products, technology and trends pushing the industry forward. “The 2018 National Hardware Show has something for …

The National Hardware Show® has announced the five finalists of its Reimagine Retail program, which awards one independent retailer with $100,000 to jump-start a business improvement plan at their operation. This year, entrants were asked how they would use technology to …