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Home Depot May Provide Tools for Automotive Products

Home Depot is looking to incorporate a new niche into the home improvement chain. According to the Atlanta Business Chronicle, Carol Tomé, chief financial officer of Home Depot, recently announced that the company is exploring a possible move into the …

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Aflac’s Work Forces Report

The 2014 Aflac Work-Forces Report analyzed employee benefits by industry segment and company size. It found that only 11 percent of retail employees “feel their benefits packages meet their current family needs extremely well,” and only “23 percent of employees …

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Porch.com Has a New Competitor

Pro.com, a Seattle-based startup, is a platform where professionals can place bids and homeowners can request quotes on home improvement projects. It was launched in May and is being funded by investors such as Amazon’s Jeff Bezos. According to an …

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Outlook on Millennial Housing

According to a report by the Demand Institute, 79 percent of millennials are optimistic about their financial situation. As a result, 74 percent expect to move within the next five years, resulting in an additional 8.3 million millennial households by …

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Home Depot Confirms Data Breach

After a week of speculation, on Monday, Home Depot confirmed a security breach of customer payment data. According to an article on cnet.com, the company announced any customer who used a credit or debit card in its US stores from …

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Manufacturer Confidence Index Declined in August

The American Hardware Manufacturers Association’s AHMA Home Improvement Industry Confidence Index’s Current Situation Index declined in August to 294.1 from 320.8 in July, while the Future Expectations Index also declined to 192.7 from 266.5 in July. In comparing current sales …

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August Employment Numbers Up

Total nonfarm payroll employment increased by 142,000 in August, and the unemployment rate was little changed at 6.1 percent, the U.S. Bureau of Labor Statistics reported. Job gains occurred in professional and business services and in health care. In August, both the unemployment …

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