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Lumber Liquidators Played Part in Wildlife Crime

Siberian Tiger

The lumber starts out as timber in Russian forests, where endangered tigers and leopards live – then the wood is stolen, taken to China and sold to Western companies that make furniture and flooring. Companies such as Lumber Liquidators, the flooring discounter headquartered in …

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Lowe’s Uses Vine to Share How-to Tips

Lowes Vine Page

Many retailers are looking for new, creative ways to engage today’s millennial customers online. Moving beyond basic Facebook and Twitter use, companies are finding platforms that consumers may already use to attract a new audience for their products and services. Lowe’s has taken …

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Are Robots Taking Over Retail?

Tally Robot

Robots are trending as retail employees, and a new model can be programmed to rapidly check an entire store’s inventory. This new robot on the scene is called Tally, and is the creation of Simbe, a San Francisco startup company, according …

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High-Profit Stores Outperform Industry Growth

Sales in 2015 grew by 5.81 percent, with the typical hardware store seeing a 2.9 percent profit increase; and, high-profit hardware stores outperformed with a 7.1 percent profit increase. The contributing factors for the high profit stores include higher customer …

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Home Sales and Prices Increase in Q3

Both home sales and home prices were on the rise throughout the U.S. in the third quarter, according to the National Association of Realtors. Total existing-home sales, including for single-family houses and condominiums, increased 3.4 percent from the second quarter to the third …

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Urge Consumers to Shop Local This Holiday Season

Because the holiday season is right around the corner, consumers will be emptying their wallets at retail stores across the country. Last November and December alone, consumers spent more than $616.1 billion, according to data from the National Retail Federation. The holiday …

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New Lumber Liquidators CEO Tapped for Turnaround

Lumber Liquidators

After about nine months of public scrutiny and a leadership overhaul, Lumber Liquidators has named a new CEO to lead a company turnaround. The new CEO, John Presley, was chairman of the lumber discounter’s board of directors and will remain a …

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Plan for 2016’s China International Hardware Show

The 15th annual 2015 China International Hardware Show (CIHS) concluded at the end of October in Shanghai, China, and continues on a growth trajectory. If you’re interested in international insight into the home improvement industry, mark your calendars for Oct. 21-23, 2016. The growing …

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