No surprise here: Government rules can cost small businesses big time. New research from the National Federation of Independent Business (NFIB) shows that overregulation increasingly costs small business owners time, effort and money. The sheer quantity of regulations is a …
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Store Camera Catches Viral Video of Storm in Action
When employees arrived to work at Key-Aid Ace Hardware on Saturday, Feb. 25, they knew bad weather was in the forecast. But the staff had no idea that the powerful storm that was brewing would come right to their front door. …
Read More »How HGTV Star Nicole Curtis Depends on Independents
HGTV star Nicole Curtis was at the recent Ace Hardware Spring 2017 Convention & Exhibits to promote products, but she also took time to tell Hardware Retailing about the independent retailers she relies on. Curtis’ TV show “Rehab Addict” details …
Read More »Delay Likely for Sherwin-Williams’ Purchase of Valspar
The Sherwin-Williams Co. announced this week that its deal to buy The Valspar Corp. likely won’t close as soon as planned. When the two U.S. paint companies publicized the purchase agreement in March 2016, they expected the $11.3 billion deal to go …
Read More »How to Get Funding to Improve Your Business
The National Hardware Show® is supporting independent retailers in a way it never has before—by offering $100,000 to fund business improvements. Independent home improvement retailers are eligible to apply for the funding by submitting a short essay to the Reimagine Retail …
Read More »Lowe’s Condensing Ace Canada Operations
Lowe’s is consolidating Ace Canada operations this year so the big-box retailer and the cooperative will share Canadian distribution functions. Ace Canada will close two distribution centers and its main office in the country. Lowe’s distribution network and head office in …
Read More »Amid Employee Layoffs, Lowe’s Reports Profitable Q4
Fourth-quarter earnings increased for Lowe’s, following the company’s announcement of additional layoffs at its corporate headquarters and two support facilities. On March 1, the big-box retailer reported net earnings of $663 million, up by $11 million during the fourth quarter of 2015. Sales for the fourth quarter increased to …
Read More »To Fight Terrorism, ‘Be Observant’ in Your Store
See Something, Say Something In mid-September, three men entered Lyell Crest True Value and bought pipe caps, pipe nipples, cable ties, roofing nails, electrical tape, timers, wooden matches and wire. At the checkout counter, the trio asked the cashier if …
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