Content about Atlanta

May 4, 2012

The syndicated home improvement talk radio show “The Money Pit” crossed the 300-affiliate mark. The show’s newest markets include El Paso Texas; Huntington W.Va.; Savannah, Ga.; and Reno, Nev.

The Money Pit, heard in many of the country's top markets including New York, Atlanta, Orlando and Providence, R.I., added more than 20 new stations in the first quarter of 2012, breaking past the 300 affiliate station threshold. 

May 3, 2012

Atlanta-based BlueLinx Holdings posted a net loss of $11.0 million for the first quarter ended March 31, compared with a net loss of $12.3 million in the first quarter of 2011.

The building products distributor reported first-quarter revenue of $453.7 million, up 16.2% from $390.6 million in the same period a year ago. The increase in revenue is attributable to increased unit volumes and increased underlying product prices for both product categories. 

April 29, 2012

Atlanta-based Newell-Rubbermaid posted a sales increase of 4.6% to $1.33 billion for the quarter. Net income was reported of $79.3 million, up from $75.7 million in the first quarter last year.

“We’re encouraged by the solid start to the year,” said Michael Polk, president and CEO. “We generated 5.2% core sales growth, normalized operating margin expansion, and nearly 14% normalized EPS improvement.” 

April 25, 2012

The S&P/Case-Shiller Index, a leading indicator of U.S. housing prices, showed annual declines of 3.6% and 3.5% for the 10- and 20-city composites, respectively, for February 2012. This is a new low for February, which has not seen such levels since 2002. But the decline was less steep than in previous months, when it recorded a 3.9% drop in January and a 4.1% drop in December in year-over-year figures. 

April 10, 2012

Atlanta based outdoor furniture and umbrella company Southern Casual Living announced today a company name change to differentiate itself in the lawn and garden marketplace.  The new company name is ATLeisure.  Southern Casual Living, formally Southern Patio, has taken a new direction and will be marketing itself under their new logo and name starting in the 2013 season.

March 28, 2012

Telling employees where and why cameras are being used in the workplace is the best way to avoid legal problems, according to Lisa Guerin, co-author of "The Essential Guide to Federal Employment Laws" (Society for Human Resource Management/Nolo, 2011).

There is implied consent if an employee continues to work in an area where a camera is visible, said Ginger McCall, director of the open government program at the Electronic Privacy Information Center in Washington, D.C.

March 13, 2012

During the Oak Brook, Ill.-based hardware co-op’s spring market in Atlanta, executives communicated their mission and their vision.

Delivering good news early in the general session, CEO Ray Griffith pointed to sales of  $3.7 billion in fiscal 2011, up 5.1% from the previous year and stronger than the planned growth of 3%.

March 2, 2012

Take Home Depot’s fourth-quarter comps — positive 5.7% — add it to Lowe’s fourth-quarter comps — positive 3.4% — and you have the highest combined comp sum in six years. You’d have to go back to the fourth quarter of 2005 for a higher figure (positive 13.3%).

Sales were also a positive story with a 5.9% fourth-quarter increase emanating from Atlanta, and an 11% increase at Lowe’s.

Here is how the sales stacked up across the past two years for the two industry giants:

February 29, 2012

Data through December 2011, released today by S&P Indices for its S&P/Case-Shiller1 Home Price Indices, the leading measure of U.S.

February 21, 2012

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. 

February 13, 2012

Atlanta building products distributor BlueLinx has announced an agreement with Weyerhaeuser to become the independent distributor of Weyerhaeuser's engineered wood products in New England, including Trus Joist, TJI joist, TimberStrand LSL, Microllam LVL, Parallam PSL and TJ Rim board. The agreement is effective Feb. 13, 2012.

February 8, 2012

Atlanta-based Beazer Homes has reported first-quarter net income of $739,000, compared with a net loss of $48.8 million in the prior-year quarter.

In the quarter ended Dec. 31, 2011, revenue totaled $188.5 million, up 73% from $109.0 million in the same period a year ago.

January 30, 2012

Atlanta-based cleaning and maintenance product supplier Zep Inc. said that 50 Zep commercial products will soon be offered in 1,360 Lowe's at a time when the retailer moves to enhance its cleaning and maintenance chemical category.

The additional line of Zep-branded professional strength solutions will be available to Lowe's customers by March 2012, according to Zep

December 14, 2011

White Cap Construction Supply, a division of Atlanta-based HD Supply, has announced the appointment of  Ross Anker as VP merchandising.

In this role, Anker will help to define and execute major product initiatives for the company. He will focus on supplier relations and agreements, product assortment, new product introduction and volume and margin expansion.

December 8, 2011

The Atlanta Business Chronicle reported that an 82-year-old hardware store in Mableton, Ga., will close at the end of the year.

The store was opened in 1929 by W. H. Barnes, the grandfather of former Georgia Governor Roy Barnes. The store is expected to close Dec. 31.

December 8, 2011

The Atlanta Business Chronicle reported that an 82-year-old hardware store in Mableton, Ga., will close at the end of the year.

The store was opened in 1929 by W. H. Barnes, the grandfather of former Georgia Governor Roy Barnes. The store is expected to close Dec. 31.

December 7, 2011

Atlanta-based Newell Rubbermaid announced a new five-year $800 million syndicated revolving credit facility. 

Michael Polk, president and CEO said: “This enhanced credit facility reflects our solid financial position and improved balance sheet, further bolstering our financial flexibility and demonstrating our continued ability to access capital at attractive terms.”

This facility replaces a $665 million syndicated revolving credit facility that was scheduled to mature in November 2012.

November 16, 2011

Atlanta-based Home Depot's wind-and-storm aided sales effort in the third quarter presented several category highlights, according to executive VP merchandising Craig Menear.

The company's strong third-quarter performance, which included a 13% net earnings increase and comp-store sales of positive 4.2%, included strength "in the core of the store" and growth in average ticket and transactions.

November 7, 2011

The U.S. Court of Appeals for the 7th Circuit affirmed a lower court’s decision giving Home Depot the rights to Edgenet’s “Big Hammer” database classification solution, which the Atlanta retailer duplicated after hiring Edgenet to be its solutions provider for manufacturers’ products and their many attributes.

November 3, 2011

BlueLinx Holdings, the Atlanta-based distributor of building products, has announced plans to launch a complete line of privately branded engineered lumber products. The company currently is finalizing agreements with suppliers, and anticipates that the new line will be available beginning Feb. 13, 2012. The Engineered Lumber Purchase Agreement with Georgia-Pacific Wood Products, under which BlueLinx currently distributes engineered lumber, will expire in accordance with its terms on Feb. 12, 2012.

November 3, 2011

Home Depot will open a new customer support call center in Kennesaw, Ga., not far from its Atlanta headquarters, in 2012. 

The story first appeared in the Atlanta Journal Constitution, and was confirmed by a Home Depot spokesman yesterday. 

The customer support center will start out with 400 employees and grow to about 700 employees by 2015. It will be located in the Chastain Meadows commercial park.

November 3, 2011

Home Depot will open a new customer support call center in Kennesaw, Ga., not far from its Atlanta headquarters, in 2012. 

The story first appeared in the Atlanta Journal Constitution, and was confirmed by a Home Depot spokesman yesterday. 

The customer support center will start out with 400 employees and grow to about 700 employees by 2015. It will be located in the Chastain Meadows commercial park.

October 28, 2011

Atlanta-based Newell Rubbermaid reported a third-quarter net loss of $177.6 million, compared with net income of $28.3 million in the year-ago period. Net sales for the quarter ended Sep. 30 totaled $1.55 billion, an increase of 5.8% from $1.47 in the third quarter of 2010. 

October 25, 2011

The S&P/Case-Shiller Index, a leading indicator of U.S. housing prices, showed a 0.2% increase for its 10- and 20-city composites in August versus July 2011.  In addition, 16 of the 20 MSAs and both composites posted improved annual returns compared with July’s data; Los Angeles and Miami saw no change in annual returns in August, and Atlanta and Las Vegas saw their annual rates of change fall deeper into negative territory.

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