TOP STORIES from our HARDLINES e-Newsletter

Home Depot’s Rapid Deployment Centres will aid online sales

ATLANTA — To support inter-connected retail efforts, Home Depot has recently opened the first of three new direct fulfillment centres. Each facility will have capacity to hold as many as 100,000 SKUs for direct ship to customers. It’s part of the giant retailer’s strategy to combine online sales with bricks-and-mortar retail.

These facilities now expand capabilities to ship most orders the same day they are received…

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Home improvement execs make big salaries

SPECIAL REPORT — While various provinces, and all of America, debate the benefits of raising the minimum wage, executives at the top of many home improvement companies are collecting big paycheques.

Nolan Archibald, former executive chairman of Stanley Black & Decker, topped the list in 2013. He made $52.5 million before stepping down in March of last year. While he was well ahead of the boss at Lowe’s Cos., Robert Niblock’s total pay increased last year by…

>>FULL STORY IN OUR WEEKLY E-NEWSLETTER.


Dealers will have lots to do at National Hardware Show

LAS VEGAS — The National Hardware Show will be held May 6-8 in Las Vegas. And the North American Retail Hardware Association’s All-Industry Conference, which will offer a free series of educational seminars and breakout sessions, will be co-located with it. For independent dealers, the combined events offer a range of opportunities to grow their business.

Most retailers who attend the show are looking for new products. It makes sense—hundreds of new products are set to be launched at this year’s show…

>>FULL STORY IN OUR WEEKLY E-NEWSLETTER.


Exchange-A-Blade launches rebrand

VANCOUVER — Exchange-A-Blade, the manufacturer of exchangeable and environmentally sustainable power tool accessories, is announcing the change of its corporate name to EAB Tool Company Inc., and the marketing of its core line of exchangeable products under the brand name EAB…

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ANALYSIS: Lumber prices heading for a super-cycle?

A lumber “super-cycle” is a lengthy period of buoyant prices for lumber. For much of 2012 and 2013, there were predictions of a super-cycle, where demand would outstrip supply of lumber and the mills that were left (after years of mill closures) would reap the profits.

The super-cycle was first predicted in 2008, but a number of factors, including the global financial crisis have delayed its progress. The question is whether, with the U.S. housing market on the path to recovery, the global economy recovering, albeit slowly, and increasing exports to China, will the super-cycle occur this year, in the near future—or at all?…

>>FULL STORY IN OUR WEEKLY E-NEWSLETTER.


DAILY NEWS UPDATES

Home Hardware deal to embed FedEx

ST. JACOBS, Ont. — FedEx Canada has inked a deal with Home Hardware which will allow it…

Stanley Black & Decker doubles Q1 profits

NEW BRITAIN, Conn. — Stanley Black & Decker overcame analyst expectations to nearly double…

U.S. residential sales dip in March

WASHINGTON — Sales of new single-family houses in March 2014 were at a…

Trees for ice storm victims at Lowe's

TORONTO — About 2,000 free starter trees will be handed…

Canadian Tire opens digital centre

WINNIPEG — Canadian Tire opened its Cloud Nine Digital Innovation Centre…

Canadian Tire teams up with Habs

MONTREAL — Canadian Tire has joined the Montreal Canadiens partner roster…

Wal-Mart takes on Western Union

NEW YORK — Wal-Mart boldly trumpeted its entry into the money transfer market…

Home Depot's RDCs will aid online sales

ATLANTA — To support inter-connected retail efforts, Home Depot has recently opened…

Metro outstrips Q2 estimates

MONTREAL — Grocery giant Metro bested analyst expectations to post…

TIM-BR MART taps development chief

CALGARY — TIM-BR MART Group announced that it has promoted Eddie Durocher…

Dollarama welcomes aboard new COO

TORONTO — Dollarama announced the appointment of Johanne Choinière…

New home constructions slows in U.S.

WASHINGTON — The U.S. Census Bureau and the Department of Housing and Urban…

Exchange-A-Blade launches rebrand

VANCOUVER — Exchange-A-Blade has rebranded as EAB Tool Company Inc…

Stanley Black & Decker chair out-earned CEO

NEW BRITAIN, Conn. — Stanley B&D chairman Nolan Archibald made $52.5 million last year…