Hardware Stores

Sears and Craftsman have kicked off their second annual “MAKEcation” promotion with a sweepstakes that sends the winner to an event this fall in Brooklyn. 

From now through July 31, Craftsman Club and Shop Your Way members can enter for a chance to win a trip to this experience by visiting www.craftsman.com/makecation.

New York -- A surging housing market is giving Lowe’s Cos. a feeling optimistic, to the tune of $5 billion.

The company’s board of directors announced that it has authorized a new repurchase program of $5 billion of the company's common stock. This new repurchase program has no expiration date and adds to the previous program's balance, which was $2.4 billion as of Jan. 30.

New York -- Lowe’s is looking to put smile on the face of residents who live in the 10 U.S. cities hardest hit by this past winter by giving the areas a makeover. Lowe's said it will deploy Lowe’s "Heroes," or employee volunteers, to visit the "10 Bleakest Cities of 2015" to complete makeover projects that have been neglected or delayed because of extreme winter conditions. Volunteers will complete projects such as painting, landscaping, creating outdoor rooms and adding curb appeal throughout the spring season.

Lowe’s has come up with a way to put spring in the step of residents who live in the U.S. cities hardest hit by winter: a makeover.

Lowe's has announced that the company will be deploying Lowe’s Heroes employee volunteers to visit the "10 Bleakest Cities of 2015" to complete makeover projects that have been neglected or delayed because of extreme winter conditions. Volunteers will complete projects such as painting, landscaping, creating outdoor rooms and adding curb appeal throughout the spring season.

A focus on efficiency and improved customer engagement helped True Value boost same store sales and report its strongest growth in 20 years.

The hardware co-op's total gross billings for fiscal 2014 were $2.015 billion, up 6% compared with the prior year, and the highest in two decades. Same store sales to retailers were up 5.2% on a gross billings basis. Destination True Value retail comps were up 4.8%, and overall same store sales were up 3.1%, the company reported.

Toano, Va. – Lumber Liquidators has been making the wrong kind of headlines recently, but the specialty hardwood flooring retailer has some good news to share about its expanded showroom store format. Currently, nearly a third of Lumber Liquidators’ 350-plus store locations have implemented the expanded showroom and that number will continue to rise throughout the next several years.   

For the past two months, New England has been dealing with an historically snowy, cold winter. As a lifelong resident of the region, I have had time to reflect on a few technology-related lessons retailers can take from my experience as a snowbound consumer.

Factor the Weather into your Planning

Mooresville, N.C. -- Lowe's Cos. reported net earnings of $450 million for the fourth quarter ended Jan. 30, a 47.0% increase over the year-ago period. Sales for the quarter increased 7.6% to $12.5 billion, up from $11.7 billion in the year-ago quarter.