Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …
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True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …
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U.S. retail and food sales in July increased from June, and building material and garden supply dealers saw sales increase by 0.7 percent in that time, according to estimates from the U.S. Census Bureau. Overall retail trade sales were up 0.6 percent from …
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This week, Lowe’s unveiled an upgrade for a web tool for pro customers– LowesForPros.com. The website features new enhancements to help its pro customers make and track purchases online. Users can choose to buy online and pick up product in store or have orders delivered …
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Canada’s TIM-BR MART Group has announced the sale of the hardlines assets of its distribution arm, Chalifour Canada Ltd., to Orgill Canada Hardlines, ULC, a wholly owned, Canadian-based subsidiary of Orgill, Inc. “The strategic alliance resulting from this transaction will …
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In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain. Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and …
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Consumers are moving back to large metropolitan areas, and big-box retailers are scrambling to join them. Lowe’s is next in line, with two new stores planned for New York City. In less than two weeks, Lowe’s will open a store on the corner …
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Do it Best Corp. has announced that current president and CEO Bob Taylor will retire effective Jan. 4, and Dan Starr, the co-op’s current executive vice president and chief operating officer, will succeed Taylor in the position. Taylor has spent more …
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