Home Depot

Target chairman, president and CEO Gregg Steinhafel was elected chairman of the board of the Retail Industry Leaders Association (RILA).

Steinhafel previously served as the board’s vice chairman and in his new capacity succeeds former RILA board chairman Bill Rhodes, chairman, president and CEO of AutoZone. 

By Jim Singer and Mark Langsfeld, [email protected], [email protected]

Want to read something scary? Here’s an excerpt of a review on Quiznos posted on a popular restaurant review site:

Atlanta -- The Home Depot has acquired Redbeacon, an online home services platform connecting consumers with contractors for their home maintenance, repair and remodeling needs. Terms of the agreement were not disclosed.

Redbeacon's leadership team will stay in place and will remain in San Mateo, Calif.
 

SAN FRANCISCO — Home Depot has announced the purchase of Redbeacon, an online matchmaker that connects consumers with contractors for home repairs, maintenance and remodeling. The purchase price was not disclosed. 

New York City -- John Donahoe, president and CEO of eBay, during a Jan. 18 earnings call expanded on the test of PayPal with retailer Home Depot.

A division of eBay, PayPal is experimenting with extending its on-line payment system to point-of-sale retail locations. In the fourth quarter of 2011, it chose Home Depot as its first national retailer for a limited test at five stores. PayPal plans to widen the pilot to 51 stores in the Bay Area by the end of the month, Donahoe said.

Atlanta -- Home Depot Inc. said Thursday that its spring hiring numbers match last year’s, with plans to bring on 70,000 seasonal workers for the spring season.

Last year, about half of the seasonal workers were hired permanently as cashiers, sales, lot and garden staffers.
 

Following a wild ride during Black Friday, the last month of the year in 2011 saw most retailers maintaining similar levels of promotional activities when compared to 2010. The majority of advertisers either saw slight increases in circular and page counts or stayed flat. When looking at both page counts and circular drops overall there was not much change, with a 2% decrease in number of pages and a 1% drop in number of inserts per market. 

New York City -- PayPal, which allows consumers to pay for goods online, is running a trial of in-store payments with Home Depot, Reuters reported. PayPay is a division of eBay Inc.

A pilot program for PayPal's new POS, technologies is being run in five Home Depot stores and involves a "small number" of PayPal employees, according to the report.