Westlake Ace Hardware announced it has signed an agreement to open a new store in the Sacramento, California, area. Ace Hardware of Land Park will feature around 19,000 square feet of retail space and will be located in the former …
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Target Releases 2024 Q4 and Full-Year Financials
Target recently announced financial results for the full year and fourth-quarter of 2024. Total comparable sales increased 1.5% in the fourth quarter, reflecting a 0.5% decrease in comparable store sales. Net sales reached $30.9 billion, 3.1% lower in Q4 2024 …
Read More »How the Big Boxes Fared in 2024
Multiple big-box retailers, along with Ace Hardware, recently released their full year financials for 2024. Hardware Retailing has gathered the data and compiled a list of the most important data for retailers to benchmark against their own operations. Ace Hardware …
Read More »U.S. Tariffs on Mexico and Canada Take Effect
Following previous announcements regarding impending tariffs on Canada and Mexico, President Donald Trump has officially imposed 25% tariffs on Mexican and Canadian imports. The president also increased tariffs on Chinese products to 20% and taxes on Canadian energy will be …
Read More »2025 Economic Outlook Strong, Uncertainty Remains
This year’s positive economic performance is expected to continue, according to the National Retail Federation (NRF), but uncertainty still stands as the White House and Congress make pivotal economic decisions. “While the U.S. economy has entered 2025 with a fair …
Read More »PPG Recognized for Sustainability
PPG has been recognized on Barron’s 100 Most Sustainable U.S. Companies 2025 list for the second consecutive year. PPG ranked number 62 out of 1,000 of the largest publicly traded companies. “For more than 140 years, innovating solutions with our …
Read More »FinCEN Announces No Penalties for Late Beneficial Ownership Reporting
The Financial Crimes Enforcement Network has announced it will not impose penalties or fines on companies that fail to file or update their beneficial ownership information (BOI) under the Corporate Transparency Act. The beneficial ownership rule of the Corporate Transparency …
Read More »Remodeling Market Poised for Growth in 2025
Industry experts from a panel hosted by the National Association of Home Builders (NAHB) during the International Builders’ Show in Las Vegas say an aging housing stock, record levels of home equity and favorable demographics are creating positive growth prospects …
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