Tractor Supply Company opened new stores and saw increases in sales and income during the second quarter of 2015. The rural lifestyle store chain had net sales of $1.77 billion, an increase of about 12 percent from 2014’s second quarter. Net income …
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Historic Hardware Store Keeps Loyal Customers, Attracts Tourists
When the owner of Garber Hardware says “We’ve always been here,” he means his family business has been part of New York City’s history for more than a century. “When people come back to the city to visit, things have changed, …
Read More »Home Depot To Buy Distributor for $1.6B
This week, The Home Depot announced it is buying Interline Brands, a leading national distributor and direct marketer of broad-line maintenance, repair and operations (MRO) products. The big-box retail chain is paying about $1.63 billion in cash in a deal expected …
Read More »Apartment Construction Leads June Housing Starts
The number of U.S. housing starts for the month of June jumped 9.8 percent from the month prior, and construction of multifamily homes drove that growth, according to The Wall Street Journal. The data from the U.S. Census Bureau and the U.S. Department of Housing …
Read More »Do Consumers Know You Are Locally Owned?
While many consumers can recognize an independent home improvement store by its small-town feel and top-notch service, many don’t know a business is locally owned and operated if it uses national branding or has multiple locations. Customers may see a …
Read More »Retail Jobs Added in June – But Not in Building Materials Category
Nearly 23,000 new retail jobs were added in June, but not in the building materials category, according to the National Retail Federation. Total retail employment – excluding car dealerships, gas stations and restaurants – increased by 212,000 jobs on a year-over-year basis, according …
Read More »NRHA to Share Study at the IGC Show
Purchasing home improvement products from locally owned retailers generates twice as much local economic activity than purchases made at big-box chain stores, according to a study recently released by the North American Retail Hardware Association (NRHA) and Independent We Stand. At the Independent Garden …
Read More »Halfway Through Trip, Cyclists Continue NRHA-Sponsored Service Projects
Cyclists who are biking cross-country to fundraise for The Fuller Center for Housing and do service projects sponsored by the North American Retail Hardware Association (NRHA) are more than halfway finished with their trip. That means the bicyclists have been on the road …
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