Sep. 7, 2010 at 12:52 p.m.
Filed under:
Entertainment,
Media,
TV
By Los Angeles Times
Martha Stewart has a knack for transforming dated rooms into design showpieces. Now she’s undertaking another major renovation: the Hallmark Channel.
Beginning Monday, Stewart will provide eight hours of programming each weekday as part of an ambitious revamp of the Hallmark Channel. After pinning its fortunes on the broad appeal of sentimental made-for-TV movies and reruns of such classic shows as “The Golden Girls” and “Little House on the Prairie,” Hallmark plans to focus on home and lifestyle improvement and cooking shows.
By Associated Press
Fortune Brands Inc., whose products range from tequila to golf clubs and faucets, will add more than 300 jobs in the next three years on new business for its MasterBrand Cabinets unit. Get the full story »
Aug. 20, 2010 at 1:39 p.m.
Filed under:
Chicago executives,
Food,
Restaurants,
Retail
By Associated Press
Home improvement retailer Lowe’s Cos. announced Friday the appointment of Raul Alvarez, former president and chief operating officer of McDonald’s Corp., to its board. He will serve on the board’s governance and audit committees. Get the full story »
Aug. 17, 2010 at 12:34 p.m.
Filed under:
Construction,
Earnings,
Housing,
Retail
By Reuters
Home Depot Inc. still sees room for profit growth this year as consumers take up long-delayed maintenance and repair projects for their homes.
The company posted a higher-than-expected quarterly profit and raised its full-year earnings forecast Tuesday, helped by cost controls. While sales missed expectations in a weak economy, investors were relieved that the top home improvement chain still expects an increase for the rest of the year. Get the full story »
Aug. 16, 2010 at 1:30 p.m.
Filed under:
Earnings,
Housing,
Retail
By Reuters
Lowe’s Cos. posted weaker-than-expected quarterly results but kept its forecast for same-store sales growth this year, assuring investors it will benefit once U.S. consumer demand picks up.
Lowe’s, the second-largest home improvement chain behind Home Depot, said it still expects sales at stores open at least a year to rise about 2 percent for the fiscal year, which some analysts viewed positively given soft consumer sentiment. Get the full story »
