Home Centers

Sears Holdings posted a net loss of $279 million in the first quarter, compared to earnings of $189 million in the same quarter last year. 

Revenue from merchandise sales and services declined 8.8% to $8.45 billion. 

A business pitch cannot be considered a non-disclosure agreement, according to a Massachusetts appeals court....

Lowe’s named José Luis Pier Castelló as president/general director of Lowe’s Mexico, effective March 15. He replaces Francisco Fernandez, who has left the company.

Home Depot says it continues to study its Internet security amid signs of a data breach.

During a presentation at a Goldman Sachs retailing conference this week, Home Depot CEO Frank Blake hit the topic head on.

Just south of Los Angeles, the Home Depot Center soccer stadium will take on a new name by the end of the year.

Former Sony Electronics executive, Steve Haber, is joining Sears Holdings as SVP and president, home appliances. 

In his new role with Sears Holdings, Haber will lead the company's effort to continue driving profitable growth in its industry-leading appliance business.

From the outside, the Mount Prospect, Ill., True Value hardware store looks a lot like any other True Value store. It’s only 2 years old, so the sign above the door appears extra bright red and white.

When you walk through the entrance, it still looks a lot like most of the Chicago-based co-op’s fashion-forward Destination True Value format stores. At 12,600 sq. ft., it’s a little bigger than most. The registers are ringing up front, and a racetrack is punctuated by 38 endcaps promoting product, as well as ideas for the home.

Boosted by mild temperatures and spring-like selling conditions throughout much of the country, Atlanta-based Home Depot saw sales rise nearly 6% in the fourth quarter.

The home improvement giant reported fourth-quarter sales of $16.0 billion, up 5.9% from the same quarter last year. Comparable-store sales were positive 5.7%, and up 6.1% in the United States.

"We had a strong finish to 2011, and with favorable weather, our business delivered results that exceeded our expectations," said CEO Frank Blake.