Read More Articles by Larry Maloney

Larry Maloney

Remodeling Drives Up Lowe's, Home Depot

The Home Depot sales grew 6.4% third quarter, while its big box competitor Lowe's quarterly sales increased 5%. Both companies will expand next year as they expect the housing boom to continue unabated. Biggest growth came from professional builders and remodelers.

Forestry Restoration Efforts Grow Despite Hostile Climate

The U.S. Forest Service has increased the pace and scale of forest restoration by nine percent since 2011, according to a newly released report. The progress comes in the face of mounting challenges to the agency including record droughts, longer wildfire seasons and increased budget dollars spent fighting wildland fires.

e-Commerce Drives Up Dorel Home Furnishings Profit

Dorel can thank its Home Furnishings business for adding significant support to its bottom line, as ecommerce growth drove the segment's operating profit up 85% for the third quarter just reported. It was a welcome boost that came at a good time - the Canadian-based conglomerate's total sales were relatively flat while overall profits actually declined.