Home Depot

The PGA TOUR Superstore only operates 22 locations but it just signed a deal with the Golf Channel that should do wonders for brand awareness in a category that has proven challenging for mass market retailers.

Home Depot’s efforts to advance tech innovation in retail will be getting a big boost from the company’s latest initiative.

The retailer has partnered with the Georgia Institute of Technology to create a cutting-edge research center, focused on advancing tech innovations, education and giving young talent an opportunity to grow. The new Home Depot Technology Center will allow the company to work with more than 40 start-up companies housed at Georgia Tech.

It may not feel like it in many parts of the country, but spring, the busiest time of the year for home improvement stores, is just around the corner. And Lowe’s is wasting no time in getting ready.

The retailer said it plans to hire 30,000 employees at its stores in the United States during spring. 

Home Depot is sure to follow the move by Lowe's with its own hiring spree in the next few weeks, especially considering it hired as many as 80,000 seasonal employees in winter/spring 2014.

New York -- The Home Depot has been given until July to respond to allegations that its data breach occurred because the retailer did not meet its obligation to comply with security standards and to protect its customers' personal information, according to the Atlanta Business Chronicle.

At a hearing, U.S. District Court Judge Thomas Thrash gave Home Depot until July 1 and July 15, respectively, to respond to the allegations of consumers and financial institutions.

North Plainfield, N.J. -- Levin Management announced it has been awarded three new leasing and management assignments totaling more than 1 million sq. ft. in New Jersey and Pennsylvania. The properties include two grocery-anchored shopping centers and a regional mall.

Atlanta – The Home Depot Inc. has named CEO and president Craig Menear as chairman, effective Feb. 2. He will succeed Frank Blake, who will retire as chairman.
 

Home Depot’s CEO Craig Menear will take over as chairman of the board when Frank Blake retires Feb. 2.

Menear, formerly head of Home Depot’s retail operations, was named Blake’s successor as CEO in August, and the company said at the time that Blake would remain as chairman. Menear took over the CEO role at the beginning of November.

Atlanta – A class action lawsuit compiling more than 30 of the 44 lawsuits that have been filed against The Home Depot Inc. in relation to its 2014 data breach is scheduled to begin Friday, Jan. 16 in U.S. District Court for the Northern District of Georgia in Atlanta.

According to the Atlanta Business Chronicle, Chief Judge Thomas W. Thrash Jr. is telling attorneys for both sides to pursue a “just, speedy and inexpensive” resolution.