Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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True Value Spring Reunion Showcases Marketing Tools and Retail Independence
Independent retailers gathered in Washington, D.C., to discover new products, attend educational sessions, learn about marketing opportunities and network with industry peers at the True Value Spring Reunion. The day before the buying show began, retailers were invited to attend …
Read More »Ace Hardware CEO Advises Priorities, ‘Productive Paranoia’ for Leaders
David Novak, retired CEO of the company that owns the KFC, Taco Bell and Pizza Hut brands, recently interviewed Ace Hardware’s president and CEO for a podcast on leadership. John Venhuizen, who is president and CEO of Ace Hardware Corp., …
Read More »Animals Find Loving Homes at Annual Retailer Event
For nearly a decade, Patti Christie, owner of Hood’s Do it Best in Wyandotte, Michigan, has been using her platform to help animals find their forever homes. She has always been an advocate for animals, and her friend Terra Muscat …
Read More »Target Tests Same-Day Delivery in 2 States
Target is beginning to offer same-day delivery services from its stores in Birmingham, Alabama, and south Florida in partnership with delivery company Shipt, NBC News reports. By the middle of February, the retailer will roll out the service to more …
Read More »Lowe’s to Offer Paid Family Leave
The 20 largest employers in the U.S. all offer some form of paid family leave, now that Lowe’s announced it will provide 10 weeks of paid leave to new birth mothers, The New York Times reports. Effective May 1, the big-box …
Read More »Register Now for the 2018 International Hardware Fair
We’re less than one month away from the start of the 2018 International Hardware Fair, one of the hardware and home improvement industry’s leading events! Take a moment to watch the video below and hear from U.S. business owners who …
Read More »Sears Layoffs Hit Corporate Workers
Sears recently laid off more than 200 corporate workers as part of “ongoing restructuring,” according to the Chicago Tribune. The layoffs “affected various business units and roles across the organization,” a Sears spokesman says in the Chicago Tribune article from Jan. 31. Sears …
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