Horizon Ridge Ace Hardware honors military veterans all year long, so joining Ace Hardware’s corporate goal to give away 1 million U.S. flags to customers and Veterans of Foreign Wars posts was an easy decision. On May 26, participating Ace …
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Orgill Honored With Presidential Export Award
Orgill Inc. was one of 43 U.S. companies recognized May 21 with a presidential award honoring companies throughout the country that export U.S. goods and services. Secretary of Commerce Wilbur Ross presented the president’s E Star Award for Exports to …
Read More »Ace Hardware Corp. Hires Exec From GameStop
Ace Hardware Corp. has hired a GameStop executive to serve in the role of vice president of retail operations and new business. John Tovar was vice president of merchandising for the video gaming and electronics retailer prior to accepting the job …
Read More »Lowe’s Grows Net Earnings in First Quarter
Lowe’s released its first-quarter 2018 financial results on May 23, reporting net earnings of $988 million. The company released this information the day after naming Marvin Ellison as the new president and CEO of Lowe’s, effective July 2. The quarterly results represent …
Read More »Ace Hardware Sees Q1 Revenue Increases, ‘Record Sales Growth’
Ace Hardware Corp. reported increases in revenue and sales, including double-digit online sales growth, in its first quarter of 2018. Ace, which released its financial results May 23, achieved revenue of $1.3 billion, an increase of 6 percent above the …
Read More »Lowe’s Names J.C. Penney Chief as New President and CEO
Lowe’s has named Marvin Ellison, former chairman and current CEO of J.C. Penney Co., as president and CEO, effective July 2. In March, Lowe’s announced a search for a new chief executive to replace retiring chairman, president and CEO Robert …
Read More »Do it Best Spring 2018 Market Focuses on Program Enhancement, Expansion
The 2018 Do it Best Spring Market focused on programs and products that help independent home improvement retailers operate strong businesses in today’s market. The market, May 18-21 at the Indiana Convention Center in Indianapolis, gave retailers from throughout the …
Read More »Amazon Brick-and-Mortar Stores Going to Chicago, San Francisco
Amazon is expanding Amazon Go, its brick-and-mortar store concept that uses video cameras and mobile devices to eliminate the need for cashiers. The e-commerce retailer has been investing heavily in physical stores, buying the Whole Foods grocery chain for nearly …
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