Tractor Supply, the largest rural lifestyle retail store chain in the United States, reported increases in comparable store sales for the first fiscal quarter, citing increased demand for animal- and pet-related and winter seasonal merchandise. Net sales increased 9 percent …
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Study: Online is Winning Price Wars Over Bricks-and-Mortar, But Not in Home Improvement Industry
Online storefronts are gaining a pricing advantage over bricks-and-mortar retailers, but that’s not always the case with the home improvement industry, according to a study conducted by Chicago-based marketing firm Anthem Marketing Solutions. The analysis found that 70 percent of …
Read More »FedEx Agrees to Retail Partnership with Home Hardware
Federal Express Canada Ltd., a subsidiary of FedEx Corp., has reached an agreement with Home Hardware Stores Limited that allows individual dealer-owners the ability to house full-service FedEx Authorized ShipCentres® within their stores, representing the largest opportunity for FedEx Express …
Read More »Founder, Chairman of Adams Manufacturing Presented with 2014 Inventor of the Year Award
The Pittsburgh Intellectual Property Law Association (PIPLA) recently presented its 2014 Inventor of the Year Award to Bill Adams, founder and chairman of Adams Manufacturing. The award recognizes the contributions Adams has made to progressing the design and use of …
Read More »Ace Keeps Carbon Footprint Small at New, Existing Retail Support Centers
Ace Hardware is making efforts to reduce its carbon footprint in how it operates its logistics and supply chain systems, including at existing and new facilities throughout its Retail Support Network across the U.S. Two new Retail Support Centers are …
Read More »Report: Wealthy Prefer Home Depot for Home Improvement Shopping
In its latest report, the American Affluence Research Center finds the country’s richest are looking forward to major home improvements, with the accompanying large furniture and durable good purchases that go with them in the months ahead, according to a …
Read More »Retail’s Market Share of Labor Workforce on the Decline
Retail sales just notched their best month since 2012, according to the National Retail Federation, and the industry has added almost one million jobs since 2010. But those positive stats obscure a more complex and potentially troubling story in retail—particularly …
Read More »Home Depot Taps into Oil Boom
While Home Depot’s growth strategy is focused on e-commerce, the retailer is also looking to tap into the expected boom in drilling activity in states such as Louisiana, North Dakota and Texas, according to an article in The Wall Street …
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