News

Builders FirstSource Inc., a U.S. building products manufacturer and supplier, is buying ProBuild Holdings in a $1.6 billion deal. The purchase will combine the companies, making a diversified business with a larger geographic footprint and greater ability to use economies of scale, according to …

The Home Depot, the world’s largest home center chain, ended 2014 with sales of more than $83 billion — growth that reflects changes to the company’s business strategies. For example, the 2014 comp-store sales increase of 5.3 percent shows the results of Home Depot’s rededication …

Orgill, Inc. has announced plans to increase the size of its Sikeston, Missouri, distribution center by more than 250,000 square feet. The expansion will bring the total size of the state-of-the-art distribution facility to more than 1 million square feet. …

Last week, Lowe’s announced it would be actively phasing out and eliminating neonicotinoid pesticides, which are considered a leading contributor to global bee declines, from its stores. Neonicotinoid pesticides, also known as neonic pesticides, are sold to boost yields of staple crops …

For years, retailers across many industries have focused on drawing in millennial consumers. However, a new report by Forrester Research Inc. recommends shifting some of that focus back to older consumers. What’s the difference between the two? Money to spend! The Forrester Research report, titled “The Future …

The North American Retail Hardware Association (NRHA), Hardware Retailing magazine and the National Hardware Show®, have named four outstanding independent home improvement retail leaders as their 2015 Industry Top Guns. Beginning in 2007, the NRHA, Hardware Retailing and the National …

For over 100 years, the North American Retail Hardware Association (NRHA) has been dedicated to providing the latest and most beneficial programs and services to its members. Today, your association is continuing to work hard to develop and offer tools …