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  • Former Costco VP joins Abbyson board

    LOS ANGELES — Mike Pollard, retired VP of Costco Wholesale, has joined the board of directors of Abbyson Living, which manufactures and imports living room, dining and bedroom furniture.

    Pollard retired from Costco Wholesale in 2013 after a 27-year career. Abbyson Living will look to Pollard for his guidance regarding comprehensive business practices that will directly impact the company’s growth and further mature the value of the brand. 

  • Sears and DeWalt team up in Vegas

    Research from DeWalt found that 650 out of 1,000 pros were aware of DeWalt mechanic tools. That's pretty good awareness. But DeWalt didn't have mechanics tools at the time of the survey.

    It does now. And a partnership with Sears is bringing DeWalt wrenches, ratchets, sockets and mechanics tool sets online and in Sears stores in time for Father's Day.

    DeWalt and Sears executives announced the news during a presentation at the National Hardware Show here at the Las Vegas Convention Center. 

  • Ikea goes live with 38th completed U.S. solar project

    New York -- Ikea has officially plugged-in the solar energy system installed at its store in Stoughton, Mass. The 118,000-sq.-ft. array consists of a 590.8-kW (DC) system, built with 4,220 laminated panels. It will produce approximately 695,000 kWh of clean electricity annually, the equivalent of reducing 479 tons of carbon dioxide (CO2), eliminating the emissions of 94 cars or powering 60 homes yearly (calculating clean energy equivalents).  

  • Spotlight On: Color Trends

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  • Target plays house at Grand Central Terminal

    NEW YORK — Target isn’t letting any grass grow under its feet when it comes to the suddenly hot category of home goods and home furnishings. The discounter has installed a giant, two-story dollhouse — some 21 ft. high and occupying some 1,500 sq. ft. of space — smack in the middle of Vanderbuilt Hall in New York City’s Grand Central Station. 

  • Divaris completes 50,000-plus sq. ft. in leases in Virginia

    Virginia Beach, Va. -- Divaris Real Estate has announced the completion of several leases for retail space in Virginia Beach, Norfolk and Richmond, Va.  
     
    The first lease was signed with O’Reilly Auto Parts for 12,608 sq. ft. in a former Rite Aid pharmacy located in Norfolk.  O’Reilly operates 13 other stores in Hampton Roads.
     

  • Orchard Supply loss widens in Q4

    San Jose, Calif. -- Orchard Supply Hardware Stores Corp. reported Monday a loss of $33.6 million for the quarter ended Feb. 2, widened from a loss of $7.3 million in the year-ago period.

    Sales for the quarter rose to $153 million from $141.6 million, and same-store sales edged up 1.6%.

    For the full year,  the company lost $118.4 million, compared with a loss of $14.5 million in the prior year. Sales dipped to $657.3 million, compared to $660.5 million for fiscal 2011.

  • Former Unilever exec to head global supplier company

    BRIDGEPORT, Conn. — Unger Global has appointed William D. Ecker as its new CEO.

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