Industry News

True Value’s upcoming Open Buying Day event, scheduled for Dec. 10, is an opportunity for vendors to have direct, one-on-one access to a product buyer. “Vendors should participate in our Open Buying Day because it’s their shot to share possibly ‘the next …

Ace Hardware Corp. today reported double-digit growth in revenue and net profits in the third quarter of 2015. Revenue was $1.3 billion, an increase of 13.2 percent from the third quarter of 2014. Net income for the quarter was $54.2 million, an increase of …

True Value Company announced its third-quarter results this week, reporting revenue and same-store sales growth. The co-op’s revenue was $365.5 million for the quarter, an increase of 4.2 percent from the same period in 2014. Destination True Value comparable store sales …

Lowe’s Companies, Inc., saw sales increases for the third quarter of 2015, and expects to end the fiscal year on a growth pattern. In quarter three, the company’s sales grew to $14.4 billion, an increase of 5 percent over the same period a year …

Don’t forget that the remodeling market has been recovering along with the housing market, so you can plan to sell projects, such as kitchen remodels, to homeowners who want to update their houses in 2o16. To find what remodeling projects are the …

The Home Depot today reported sales increases in the third quarter and expectations of overall sales growth for fiscal year 2015. The quarter’s $21.8 billion in sales represented a 6.4 percent rise compared to the same period in 2014. In addition, comparable store sales in …

The lumber starts out as timber in Russian forests, where endangered tigers and leopards live – then the wood is stolen, taken to China and sold to Western companies that make furniture and flooring. Companies such as Lumber Liquidators, the flooring discounter headquartered in …

Many retailers are looking for new, creative ways to engage today’s millennial customers online. Moving beyond basic Facebook and Twitter use, companies are finding platforms that consumers may already use to attract a new audience for their products and services. Lowe’s has taken …