October retail sales, excluding automobiles, gas stations and restaurants, increased 2.5 percent seasonally adjusted over September, according to the National Retail Federation. “Consumer spending is growing as we head into the holiday shopping season, and the timing couldn’t be better,” …
Read More »Amanda Bell
Five Things to Look For When Checking for Bad Bills
With the holiday rush approaching and a new $100 bill in circulation, it’s imperative for retailers to support their sales associates with tools to identify phony bills before hundreds of dollars of merchandise walks out their doors for free. Use …
Read More »Cordless Power Tool Set
The PORTER-CABLE 20V MAX* Linked System includes the Reciprocating Tiger Saw®, 6-1/2 inch Circular Saw, Oscillating Tool, Cut-off Tool/Grinder, Jigsaw, and Pivoting Flashlight. It maximizes a lithium ion battery platform that provides the performance, ergonomic design, and features needed to complete …
Read More »Podium Stepladder
The new Podium ladder is designed to provide a 360-degree range of working motion to safely and comfortably access the project at hand. The Podium ladder offers a larger standing surface without interference from the ladder top and provides six times greater working …
Read More »Lowe’s Net Earnings, Same-Store Sales Up in Third Quarter
Lowe’s reported third-quarter net earnings of $499 million, up 26 percent from the same period last year but below the $503.5 million estimate, and a 6.2 percent increase in same-store sales. Sales were also up 7.3 percent to $13 billion, …
Read More »Do it Best Corp. Hosts Leadership Development Institute for Members
Do it Best Corp. has concluded a week-long intensive leadership training development program for select managers and leaders from its member-owned stores across the United States. The inaugural Leadership Development Institute (LDI) took place Nov. 12-15 at the co-op’s Fort …
Read More »Home Depot Reports Third-Quarter Growth
Home Depot today reported sales of $19.5 billion for the third quarter, a 7.4 percent increase from the third quarter last year. Comparable-store sales for the quarter of were up 7.4 percent and comp sales for U.S. stores were up …
Read More »Consumer Gift Card Spending Expected to Increase This Holiday Season
This season eight in 10 shoppers are expected to add gift cards to their shopping lists, according to the National Retail Federation’s Gift Card Spending Survey, conducted by Prosper Insights & Analytics. Holiday shoppers will spend an average of $163.16 …
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