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Lowe’s Comp-Store Sales Up in Fourth Quarter

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. …

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Ace Launches iPhone App, In-Store Pickup

Ace Hardware this week announced the launch of a mobile app for iPhone devices and the roll-out of in-store pickup to its retailers, a new feature that will allow customers to check their local store’s available inventory on acehardware.com, go …

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House-Hasson Winter Market Sales Foretell Strong 2014

Don Hasson, the president of House-Hasson Hardware, America’s largest independent regional hardware distributor, says sales increases at the company’s winter dealer market indicate 2014 will be a good year for hardware stores and lumberyards. He attributes some of this boost …

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Ace Focuses on Advancing Growth at Spring Convention

Ace Hardware executives took some time to reflect on the company’s history in recognition of Ace’s 90th anniversary at the general session of the co-op’s Spring Convention and Exhibits on Monday morning in Houston, but Ace President and CEO John …

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Home Depot’s Comp-Store Sales Up in Fourth Quarter

Home Depot reported increases in comp-store sales spurred by the recovering housing market. Comparable store sales for the fourth quarter of fiscal 2013 increased 4.4 percent, and comp sales for U.S. stores were positive 4.9 percent. Total sales for the …

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