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If Sears Goes Bankrupt, Will Stanley Lose Craftsman?

Sears Brand

Sears Holdings Corp. has acknowledged “substantial doubt” in its ability to stay out of bankruptcy, which may kill recent sales of its businesses, such as Craftsman. The struggling retailer released its annual report on Tuesday, and the news was dismal. Based on information from …

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HIRI, The Farnsworth Group Announce Partnership

HIRI

The Home Improvement Research Institute (HIRI) is continuing to deliver market research on the home improvement industry through a new partnership with market research firm The Farnsworth Group, according to a recent press release from The Farnsworth Group. Through this …

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Participate in the 2017 Cost of Doing Business Study

Cost of Doing Business

The North American Retail Hardware Association (NRHA) is now compiling data for the 2017 Cost of Doing Business Study. When you submit your financial data for this year’s study, you’ll become a part of history. This year marks the 100-year anniversary of …

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True Value Releases 2016 Year-End Results

true value fall reunion

True Value Company today released its year-end results for fiscal 2016, which included increases in gross billings, retail comp-store sales, net margin and more. The co-op reported total gross billings of $2,073.7 million for the fiscal year ending Dec. 31, up 2 percent. …

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Stanley Finalizes Purchase of Craftsman Brand From Sears

Craftsman Products

Stanley Black & Decker announced it has completed its purchase of the Craftsman brand from Sears Holdings Corp. for approximately $900 million. The acquisition, which was first announced in January, gives “Stanley Black & Decker the right to develop, manufacture and sell …

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Lowe’s Virtual Reality Tool Teaches DIY Projects

virtual reality

Lowe’s recently launched a virtual reality tool in its Framingham, Massachusetts, store that provides customers with a hands-on training experience for DIY projects, reports Fortune. The new tool, which Lowe’s calls the Holoroom How To, trains users how to install tile in a bathroom …

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