Several big-box retailers have released their financial data for the second quarter of 2023, reflecting downward trends in sales for some operations and a positive quarter for others. For a quarter-to-quarter comparison, see how these same retailers performed in Q1 …
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Total Retail, which provides retail executives with the latest news and analysis on the retail industry, conducted a survey of its audience to gain insights into how companies are using technology and how they plan to allocate future technology spending …
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In the world of social media platforms, one popular channel has undergone a rebrand and name change. Tesla CEO Elon Musk bought Twitter in 2022, and in 2023 he changed the company’s name to X Corp. and the social media …
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Marking increases across the board from the second quarter of 2022, Ace Hardware shared its financial reports for the second quarter of 2023. The company’s revenues reached $2.6 billion, up 3.9% from last year, and operating income was $141 million, …
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House-Hasson Hardware has named Christa Livolsi as assistant vice president in charge of the company’s accounts receivable activities and credit management operations, says House-Hasson president and CEO Steve Henry. “Performance, knowledge and achievement have earned Christa this position,” Henry says. …
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As of Aug. 1, retailers are no longer allowed to sell incandescent lightbulbs under new energy efficiency rules enacted by the U.S. Department of Energy (DOE). Light-emitting diode (LED) lightbulbs will fully replace the incandescent versions, though many consumers have …
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Family-owned hardware and building materials R.P. Lumber announced that it has acquired the Sparta, Illinois, location of Wright Building Center, a long-time industry presence in southwestern Illinois. The new location expands the operation’s location count to 82 with 56 locations …
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The Merchants Payments Coalition welcomed the announcement by Senator Roger Marshall, R-Kan., that the Senate plans to vote on the Credit Card Competition Act (CCCA), a bill that will reduce swipe fees. “Today, we were given assurances that the Credit …
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