Content about Atlanta

April 10, 2013

Atlanta-based Oldcastle Architectural announces its second acquisition in three days.

March 28, 2013

The Atlanta-based company expects to receive net proceeds of approximately $38.7 million from the offering.

March 28, 2013

March Madness is pounding its way down basketball courts with a second weekend of big games commencing today, and while some employers embrace it as an engagement tool and way to build company camaraderie, labor lawyer D. Albert Brannen warns that -- much like the round-ballers playing defense -- employers shouldn’t let their guard down.

March 25, 2013

Atlanta-based Acuity Brands launched four new post-top LED luminaires from Antique Street Lamps that combine modern LED light sources with a traditional appearance.

March 15, 2013

ATLANTA — Pets, paint and credit figured prominently at the True Value Spring Market here.

February 26, 2013

The world’s largest home improvement retailer posted fourth-quarter earnings in excess of $1 billion.

February 15, 2013

Atlanta-based building products distributor BlueLinx Holdings reported a narrowed loss for the full year ended Dec. 29 as sales picked up.

February 1, 2013

The Atlanta-based consumer products manufacturer, whose brands include Irwin, Rubbermaid and Lenox, saw total sales for the quarter hit $1.52 billion.

January 15, 2013

An Ace Hardware store that burned down in an Atlanta suburb is being inundated with offers of help and free meals from local citizens and businesses, according to an article in the Atlanta Journal-Constitution.

January 2, 2013

Raleigh, N.C.-based Stock Building Supply acquired Total Building Services Group, an Atlanta supplier of structural components and architectural millwork.

Terms of the sale were not disclosed.

December 19, 2012

Home Depot will invest $157 million (MXN $2 billion) to enlarge its presence in Mexico in 2013, according to a news report in Economista. Part of the funds will be used to buy land for new stores, which will total 100 by the end of 2012.

Home Depot Mexico chairman Ricardo Saldivar told Economista that the Atlanta-based retailer hopes to double its current number of units in the future, which sets its goal at 200 stores.

December 13, 2012

Atlanta-based Floor & Decor is promoting a new in-store credit card deal.

The deal is: Use a Floor & Decor credit card before Dec. 22 at one of the company's 32 U.S. stores and pay no interest for 18 months.

Floor & Decor operates in 15 metropolitan markets across the United States. GE Capital Retail Finance is the partner in the program.

November 28, 2012

Newell Rubbermaid, the Atlanta-based company that recently reorganized its myriad brands into six business units, down from nine, gave investors insights into how those units have performed.

The six business units in the streamlined structure are home solutions, writing, tools, commercial products, baby and parenting, and specialty.

November 13, 2012

Riding an improving housing market around the country, Atlanta-based Home Depot posted third-quarter sales of $18.1 billion, up 4.6% from the same period last year. Comp-store sales increased 4.2% overall, and increased 4.3% in the United States. 

Despite a charge of about $165 million to close seven stores in China, the company posted net earnings of $947 million, up 1.4% from $934 million in the year-ago quarter. On an adjusted basis, the company's net earnings rose 23.3% to $1.1 billion, the company said.

November 12, 2012

Unusually severe storms like Hurricane Sandy can result in unusual working arrangements that raise out-of-the-ordinary wage and hour questions.

Suppose employees volunteer to perform recovery services for employers. That may sound nice, but “the Fair Labor Standards Act (FLSA) does not permit employees to volunteer unpaid time to the employer under any but the narrowest of circumstances,” Lawrence McGoldrick, an attorney with Fisher & Phillips in Atlanta, told SHRM Online.

November 9, 2012

Home Depot has opened its 100th location in Mexico, according to an article in El Financiero. The Atlanta-based retailer now operates 95 stores in 60 cities in Mexico, where it generates annual revenues of $1 billion, the newspaper said.

In the final quarter of 2012, Home Depot will open stores in the towns of Coahuila, Sonora, Veracruz, Michoacán and Nuevo León.

October 2, 2012

Home Depot executives, in two published interviews, discussed the Atlanta retailer’s views on expansion south of the U.S. border and beyond.

Ricardo Saldivar, chairman Home Depot Mexico, told El Financiero that the Mexican division expects to end this year with 100 stores in 58 cities. Currently there are 94 stores in Mexico. More than nine out of 10 Home Depot store openings take place in Mexico, Saldivar said.

September 27, 2012

A nationwide network of home improvement installers has been acquired by Roark Capital Group, a private equity firm that owns some of the best-known restaurant franchises in the nation. Roark’s plans for The Home Service Store (HSS), which already provides installation services for Lumber Liquidators, Costco and BJ’s Wholesale Club, are equally ambitious; the Atlanta-based investment firm has put Robert Sheft, who helped develop Home Depot’s first foray into installed sales, in charge of its expansion plans.

September 25, 2012

Home Depot has reached an agreement with 360Buy.com, one of China’s biggest Internet retailers, to launch its own Chinese e-commerce sales effort, according to an article in the Morning Whistle.

August 15, 2012

Home Depot’s top merchant spelled out the category gainers during the company’s second-quarter earnings call.

August 13, 2012

BlueLinx Holdings, the Atlanta-based distributor of building materials, announced in an Aug. 10 Securities and Exchange [SEC] filing that board member Robert Warden has submitted his resignation, effective Aug. 6.

The reason given was that Warden has also resigned from Cerberus ABP Investor, the largest stockholder of BlueLinx Holdings. Warden was a managing director at Cerberus.

August 6, 2012

The third-quarter results at Beazer Homes showed a marked improvement in several categories, including new orders, homes closings, revenues and losses.

The Atlanta-based home builder reported revenues of $254.6 million, compared with $172.8 million in second fiscal quarter of 2011.

August 2, 2012

BlueLinx Holdings, the Atlanta-based building materials distributor, reported sales of $517 million for its second fiscal quarter, a 3.3% gain over sales of $500.8 million in the same quarter of 2011.

July 20, 2012

Not surprisingly, there’s a big gulf between the under-35 and over-35 age group when it comes to using technology to make purchasing decisions, according to a recent survey by Today Info Retail, an Atlanta-based strategy and design agency.

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