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Unemployment rate slips to 9.4%

BY HBSDEALER Staff

 

The unemployment rate fell by 0.4 percentage points to 9.4% in December, according to the Bureau of Labor Statistics.

The government also reported non-farm payroll employment increased by 103,000. Employment rose in leisure and hospitality and in health care, but was little changed in other major industries, according to the Friday morning release. The retail trade showed a gain of 12,000 jobs in December, and it has risen by 495,000 since a recent low in September 2009.

 

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Home Depot’s Menear in line for award

BY HBSDEALER Staff

In recognition of his business and philanthropic achievements, The Home Depot’s executive VP merchandising, Craig Menear, will receive The Spirit of Life Award from City of Hope’s Hardware/Homebuilding Industry group. Menear will be honored Jan. 11, at a reception, at the Rosen Plaza Hotel in Orlando, Fla., by colleagues and industry members. The day will begin with a golf tournament event that supports City of Hope’s lifesaving research, education and treatment programs for cancer and other life-threatening diseases.

Menear has nearly 30 years of experience in the retail and hardware home improvement industry. Since he joined The Home Depot in 1997, he has held various executive positions including senior VP merchandising of hardlines, merchandising VP hardware, merchandising VP of the Southwest Division and divisional merchandise manager of the Southwest Division. In addition, Menear is currently the chairman of The Home Depot Foundation’s board of directors.

“It’s an honor to receive this special recognition from City of Hope, an institution that helps patients everywhere who are facing serious diseases,” said Menear. “Our industry has been a tireless supporter of City of Hope’s efforts to cure and ultimately prevent cancer and other life-threatening diseases. I am honored to continue that tradition of support.”

Since it was founded in 1982, City of Hope’s Hardware/Homebuilding Industry has raised more than $140 million for lifesaving research, treatment and education programs. The group has grown to encompass a nationwide network of high-profile manufacturers, retailers, distributors, manufacturers’ representatives and related members.

 

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Two shoppers claim injuries, sue Menards

BY HBSDEALER Staff

According to an article in nwi.com, two Northwestern Indiana customers are suing the home center chain over alleged injuries sustained while shopping. Menards denies liability.

According to the article, one customer claims to have been hurt when she was hit by a falling piece of wooden crown molding. Another custmer claims to have tripped over a bunched-up rug. Both accidents allegedly occurred in 2009.

 

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