Do it Best Corp. has come to an agreement with a new overseas affiliate to develop its first retail locations in Saudi Arabia. The agreement provides Saudi Arabia-based Albawardi Group exclusive development rights in the country and will lead to Attken …
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Carl Bicking, former executive vice president of sales for Ace Hardware Corporation, died May 12 at the age of 94. He is survived by his wife of 69 years, Marian Bicking. Bicking was a World War II veteran who served in the Army Corps …
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The China National Hardware Association is planning its fall show, which is an international exhibiting platform for the home improvement industry that connects buyers and manufacturers from across the globe. The China International Hardware Show is scheduled for Oct. 21-23 in Shanghai, …
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Having an online presence is extremely important in today’s retail climate. If nothing else, a business website needs to provide directions to locations and business operating hours because consumers expect to find that basic information online. But besides hours and …
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This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014. Net income was $29.9 million for the first quarter of 2015, …
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Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …
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An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …
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The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …
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