News

Home Depot, the world’s largest big-box home improvement company, has announced its third-quarter 2019 financial results. Overall, the company has seen third-quarter fiscal 2019 sales of $27.2 billion, a 3.5 percent increase over the same period in 2018. That sales …

New research from the National Retail Federation (NRF) and Prosper Insights & Analytics projects as many as 165.3 million people will shop during the U.S. Thanksgiving holiday weekend, traditionally one of the busiest retail periods each year. “The traditional Thanksgiving …

Northern Tool + Equipment is expanding its Midwest presence by opening two stores in Indianapolis. The new stores will each employ roughly 20 people and provide brand name tools and equipment for pros and DIYers alike. They will also offer …

As many businesses struggle with competition from e-commerce giants, a new article from financial magazine The Motley Fool shines a light on Tractor Supply Co.’s digital achievements. The article says the company’s e-commerce growth has doubled for 29 consecutive quarters. …

Suppliers and retailers from across Canada gathered last night to honor the retail home improvement industry’s best hardware and building supply retailers. The occasion was the 2019 Outstanding Retailer Awards Gala Dinner, which marked the end of day one of …

Do it Best Corp. has formed a nonprofit organization, The Do it Best Foundation. Do it Best Corp. and Big Brothers Big Sisters of Northeast Indiana jointly announced a fundraising total of $223,938 as part of The Big DONation, a …

Transform Holdco, the owner of Sears and Kmart locations, has announced plans to shutter nearly one-third of its remaining locations, according to a report from The Washington Post. In all, 96 locations will close, leaving the once-venerable retail chain with …

Last month, True Value opened its newest regional distribution center (RDC), a major component of the company’s $150 million investment in modernizing its supply chain to best serve independent retailers. The 1 million-square-foot hub facility is located in Wilkes-Barre, Pennsylvania, …