Data from the 2017 Cost of Doing Business Study shows that at a typical independent home improvement store, the average customer spends $22 per transaction. At a high-profit store, that number jumps to $30 per sale. When was the last time …
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RadioShack, a consumer electronics company that was once one of the best-known chains in America, has shrunk from thousands of locations around the world to merely 70 company-owned stores in seven states, according to a press release from the company. At its peak, …
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Ace Hardware’s president and CEO, John Venhuizen, recently sat down with Hardware Retailing for an interview. He discussed weather events that have impacted Ace retailers, strategies for competing with “an incredibly good enemy” in Amazon and the co-op’s opportunities and plans for growth. …
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More deals, more options and more interaction were all in the spotlight at the Blish-Mize Fall Buying Market, held Sept. 15-16 at the Overland Park Convention Center in Overland Park, Kansas. Retailers attended the two-day event to prepare for the upcoming …
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Lowe’s announced the addition of Michael West as its senior vice president of supply chain field operations, the Charlotte Business Journal reports. West joined the home improvement retailer from his previous post at Neiman Marcus, a high-end omnichannel department store. …
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Recent hurricanes in the southern U.S. and an ongoing political deadlock between the U.S. and Canadian governments threaten to raise the prices of softwood lumber, reports Canadian newspaper The National Post. Earlier this year, the U.S. Department of Commerce claimed …
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In the mid-19th century, many Americans took off on the Oregon Trail in search of new lands and opportunities. Its main departure points were in Missouri, and the route stretched 2,000 miles to California. More than 400,000 pioneers traveled the …
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Google and Home Depot recently partnered to allow the big-box retailer’s customers to order home improvement products through the tech company’s voice-activated smart home products, reports Fortune. According to Fortune, the big-box home improvement retailer will sell its products online …
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