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Home Depot Drives Focus on E-Commerce

For decades, Home Depot excelled at the traditional retail model of growing by adding new locations. But the home improvement chain is making a hard turn toward the Internet in the face of changing shopper habits and fast diminishing returns …

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Lowe’s Agrees to Settlement to Minimize Lead Dust

According to a Reuters story, Lowe’s has agreed to pay a $500,000 penalty for violating rules governing lead paint exposure, the U.S. Environmental Protection Agency and the Department of Justice said. The company also agreed to implement a new compliance …

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Warmer Weather Pushes Retail Sales Up in March

March retail sales, which exclude automobiles, gas stations and restaurants, increased 0.8 percent adjusted month-to-month, according to the National Retail Federation. It was also a positive month for the home improvement sector: building material and garden equipment and supplies dealers …

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Builder Confidence Holds Steady in April

Builder confidence in the market for newly built, single-family homes rose one point to 47 in April from a downwardly revised March reading of 46 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). “Job growth is …

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Annual Top Gun Honorees Announced

Hardware Retailing magazine, the North American Retail Hardware Association (NRHA) and the National Hardware Show® announced the winner’s of this year’s Top Guns award honorees. The field of candidates was deep but it is with great excitement they welcome Brent …

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