As over 180 million people are planning their in-store shopping during the Thanksgiving holiday weekend, some big-box retailers have changed their store hours, causing confusing for some shoppers. Hardware Retailing has compiled a list of some of the nation’s largest …
Read More »Jacob Musselman
Walmart Profit Increases Across the Board in Q3 2024
Walmart recorded $169.6 billion in total revenue during the third quarter of 2024, up 5.5% from the previous quarter. It recorded a 7.8% return on assets and had an operating income of $6.7 billion. “We had a strong quarter, continuing …
Read More »OMG, Inc. Taps New CFO
OMG, Inc., a global supplier of specialty fasteners, products and technology for commercial roofing and residential construction applications, has named Noah Forrest as senior vice president and chief financial officer (CFO). Forrest will work with the senior management team to …
Read More »Sherwin-Williams Announces Q3 2024 Financials
Sherwin-Williams announced its third quarter financial results, reporting an increase of consolidated net sales by 0.7%. “Sherwin-Williams grew sales, expanded gross margin, increased EBITDA and adjusted diluted net income per share despite continued choppiness in the demand environment,” says Heidi Petz, Sherwin-Williams president …
Read More »Busy Beaver Announces Partnership With Upside
Busy Beaver has partnered with Upside, a digital marketplace that provides cash back opportunities for consumers. Both Nation’s Best and The Aubuchon Company announced partnerships with Upside since 2023. This partnership is set to boost new and infrequent customer traffic …
Read More »Lowe’s Total Sales, Comparable Sales Down in Q3 2024
Lowe’s Companies released its third quarter financial results, posting $20.2 billion in total sales, compared to $20.5 billion in Q3 2023. Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY large-ticket discretionary demand, which was offset …
Read More »Federal Judge Overturns Overtime Pay Rule
A federal judge in Texas permanently blocked a rule intended to raise the threshold for overtime pay for salaried workers. The rule raised the threshold from $684 per week, equivalent to $35,568 per year, to $844 per week, equivalent to …
Read More »NRF Expects Holiday Sales Growth
A record 183.4 million people are planning to shop in-store and online from Thanksgiving Day through Cyber Monday this year, according to the National Retail Federation (NRF) Holiday survey. The figure is up from the previous record of 182 million in …
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