Ace Hardware today reported the company’s best first quarter for both revenues and net income in its 90-year history, it says. Total revenues were $1.1 billion for the first quarter of 2014, an increase of $155.5 million or 16.8 percent, …
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Do it Best Retail Support Center Recognized for Four-Year Safety Record
Do it Best Corp. recognized its Waco, Texas, Retail Service Center (RSC) team for its ongoing commitment to safety and recording four consecutive years without any lost time due to a safety incident or injury. The record safety streak is …
Read More »Busy Beaver Expands with New Store in Pennsylvania
Working under new ownership since last September, Busy Beaver has leased an empty 22,000-square-foot store on Plummer Street in Lawrenceville, Pennsylvania, that was formerly a Giant Eagle grocery store, according to a story in the Pittsburgh Business Times. Steven Derr, director …
Read More »Consumers Soften Spending in April
Despite nicer spring weather, consumers softened their spending in April. According to the National Retail Federation, April retail sales, which exclude automobiles, gas stations and restaurants, were unchanged seasonally adjusted month-to-month yet increased 4.7 percent unadjusted year-over-year. “The shift in …
Read More »Report: Imports More ‘Made in USA’ Than Label Reveals
Imported products sold in the United States contain far more U.S. parts or other content and value and support significantly more American jobs than consumers or policymakers realize, according to a new report prepared for the National Retail Federation. “This …
Read More »NRHA Offers an Affordable Health Care Solution
We recently surpassed April 15, Tax Day for most all of us—but did you realize that all companies offering a health insurance plan have two additional tax/fee deadlines to comply with? Consider: The Patient-Centered Outcomes Research Trust Fee (or more …
Read More »National Hardware Show® Wrapped Up in Innovative Fashion
Thursday’s Grand Opening Ceremony started the final day of the National Hardware Show® off with a bang, as attendees got their last chance to view all the innovative products and displays out on the show floor. Thursday’s theme was Innovation …
Read More »Homebuyer Preferences, Technology Themes Discussed at NRHA All-Industry Conference
Today’s educational lineup on the NRHA Village Stage continued with the theme of consumer trends in home buying and honoring some of the top independent retailers in the industry. At the “Who’s Buying Houses” panel discussion, Hardware Retailing Managing Editor Jaime Koch …
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