Content about Associated Press

August 13, 2012
Report: Sears to spin off Hometown, Outlet into separate public company

A report released Monday by the Associated Press said that Sears Holdings Corp. would be spinning off its Hometown and Outlet stores, along with some hardware stores, into a separate, publicly traded company.

Earlier this year, Sears had revealed it would split the companies but had not indicated the new organization would be a separate public entity.

July 10, 2012
100 AC units given away in Lowe’s parking lot

The Associated Press and The Aiken Standard reported that 100 air conditioners were given away to needy seniors at a Lowe’s parking lot in Charleston, S.C. The yearly event took place on July 9, and was sponsored by Project Cool Breeze, a non-profit organization founded by Rep. Wendell Gilliard.

April 11, 2011
Lowe's CEO's pay package rose in 2010

According to an Associated Press report, Lowes' CEO Robert Niblock's pay package rose to about $12 million in 2010, up 3% from the previous year.

Niblock received a base salary of $1.1 million, but the bulk of his pay came in the form of stock and option grants, according to the article.

September 13, 2010
Elkhart Hardware store manager shot during robbery

Police say a manager of Elkhard Hardware is in stable condition after being shot multiple...

September 6, 2010
Weyerhaeuser to close Oregon plant

The company will keep the plant open over the next two weeks, and has informed...

December 15, 2008
Former HD buyer leaves Chrysler

John Campi, who left Home Depot shortly after Bob Nardelli, has resigned from his purchasing...

December 11, 2008
Ainsworth shuts down Minnesota OSB plants

Ainsworth’s temporary shut-down of its OSB mills in Bemidji and Cook, Minn. has been extended...

September 16, 2008
Home Depot to slash prices

Prices will be cut from 5 percent to 50 percent on about one out of...

July 8, 2008
Man reportedly bitten by snake in garden center

The incident occurred at a Pembroke Pines, Fla., Wal-Mart Supercenter garden center....

July 6, 2008
Two big western lumber producers will combine

Executives from Bennett Forest Industries and Riley Creek Lumber told the Associated Press that production...

June 29, 2008
Thieves use display tools to rob Home Depot store

According to a local CBS affiliate, employees discovered the robbery when reporting for work at...

June 3, 2008
KraftMaid cuts 400 jobs in Ohio

Plants in Middlefield and Orwell, Ohio, were affected....

March 9, 2008
KB Home to pull out of certain U.S. markets

Los Angeles-based home builder KB Home will be pulling out of Albuquerque, Chicago and the...

February 27, 2008
Menard wins a round in tax court

A federal court reduces the back taxes owed by John Menard in his long-running dispute...

January 24, 2008
Menard donates $15 million to hospitals

Luther Midelfort Hospital in Eau Claire, Wis., also the location of Menards’ headquarters, will receive...

January 7, 2008
Home Depot hires ILC lobbyist

The Atlanta retailer has hired the Alpine Group to lobby the federal government for a...

November 25, 2007
Former Maytag employees plan startup

Springboard Engineering will develop plastic injection molds and fabricate prototype sheet metal....

August 15, 2007
J.S. Hovnanian dies at 80

Hovnanian was an immigrant from Kirkuk, Iraq, in 1948. He founded J.S. Hovnanian & Sons in 1964....

July 4, 2007
Appeals court says Menards not to blame for pallet incident

Kathleen Thomas was struck by a falling pallet at a Menards service yard in 2002...

June 30, 2007
Builder group plans huge Las Vegas project

Lennar, Pulte, KB Home, Toll Brothers and more will build in a 16,000-home development in...