Lowe’s Companies Inc. today reported net earnings of $2.4 billion for the second quarter ended Aug. 2, with total sales for the quarter down 5.6% year over year to $23.6 billion. Comparable sales for the quarter decreased 5.1% driven by …
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Northern Ohio based E&H Hardware Group, a fourth-generation hardware retailer operating predominantly under the E&H Ace Hardware name, announced a CEO succession plan and additional leadership changes set to take effect Jan. 1, 2025. Christopher Buehler, current vice president of …
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Do it Best wrapped its 2024 summer internship program with a $1,000 scholarship awarded to intern Ethan Schrek, a business analytics and applied computational mathematic and statistics student at University of Notre Dame. The internship program provides students with the …
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In early July, House-Hasson finalized the acquisition of former Midwestern U.S. wholesale hardware distributor Bostwick-Braun’s warehouses and inventory. The acquisition adds two warehouses in Indiana and Arkansas, as well as more than 45,000 stock keeping units (SKU) to its existing …
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Earlier this week, Valspar announced its 2025 Color of the Year: Encore (available at Lowe’s) and Epic Adventure (available at independent home improvement stores). To learn more about this bold color selection and for more on the strategy behind selecting a color …
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Bliffert Lumber announced the promotion of Josh Brown to chief operating officer, marking a new milestone in his 23-year career with the company. Brown joined Bliffert Lumber in 2001, working at the lumber counter at the Morgan Avenue location. Since …
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Retail sales data released by the U.S. Census Bureau shows consumers continued to increase their spending in July while the growth of the economy is moderating, says Jack Kleinhenz, National Retail Federation chief economist. Retail trade sales were up 1.1% …
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Festool announced a groundbreaking tool setting new standards for overhead tasks. The ExoActive exoskeleton supports users under the arm, taking effort out of strenuous work on walls or ceilings. It will be available starting Sept. 12, retailing at $3,495. “We …
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