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Tag Archives: News

Amazon Sells Home Improvement Services

Amazon doesn’t just sell products anymore. The online marketplace has branched out and now sells services, including electrical and plumbing work, home repairs and gutter cleaning. “Amazon Home Services features handpicked pros offering upfront pricing on pre-packaged services with helpful reviews from customers that …

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Lumber Liquidators Hit With Class-Action Lawsuits

Lumber Liquidators is facing a blitz of lawsuits related to accusations that some of the company’s laminated flooring contains unsafe quantities of formaldehyde. CBS reported March 1 that the flooring company sold laminate flooring with higher levels of formaldehyde than permitted by California’s …

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Home Depot: Transforming a World Leader

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 …

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Fiskars Sends Tools On Tour

Fiskars, a global supplier of home and garden tools, has begun a marketing tour of the U.S. to allow consumers to try its products. The company, which is headquartered in Finland, partnered with an experiential and event marketing business to launch …

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Many Retailers Don’t Take Advantage Of Formal Training

Dedicating time to formal employee training develops sales associates who are knowledgeable, sell products well and deliver excellent customer service. Yet fewer than half of independent home improvement retailers who participated in North American Retail Hardware Association’s 2014 Employee Compensation Report provide formal employee …

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Westlake Ace Hardware Gains Four Retail Locations

Today, Westlake Ace Hardware, a subsidiary of Ace Hardware Corporation, announced it has acquired four hardware stores located in Iowa, Missouri and Nebraska. The 110-year-old Westlake Ace Hardware chain acquired all four Watkins Hardware locations, bringing Westlake Ace Hardware’s total store …

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Lowe’s Welcomes McCanless Back in Executive Role

paid family leave

Lowe’s announced in a press release that Ross W. (Bill) McCanless will be joining the company as the general counsel, secretary and chief compliance officer starting Jan. 12. McCanless is returning to Lowe’s top legal role, which he held from 2003 to 2006, according …

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Lowe’s Announces Third Quarter Results

According to a press release by Lowe’s, the company announced net earnings of $585 million for the third quarter, which ended Oct. 31. These earnings were a 17.3-percent increase over the same period a year ago. Diluted earnings per share …

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