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Ace Reports Record 2013 Sales, Profit Increases

Ace Hardware reported total fiscal 2013 revenues of $4.2 billion, an increase of $313.3 million or 8.2 percent. Net income was $104.5 million for fiscal 2013, an increase of $22.7 million or 27.8 percent, compared to $81.8 million in fiscal …

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January Retail Sales Flat Due to Severe Winter Weather

January retail sales, excluding automobiles, gas stations and restaurants, were flat seasonally adjusted month-to-month due in part to severe winter weather in much of the country, according to the National Retail Federation. “Following a solid holiday sales season, it seems …

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Monroe Hardware Spring Dealer Market Exceeds Expectations

Attendance at the Monroe Hardware Spring Dealer Market at the Cabarrus Arena and Events Center in Concord, NC, surpassed previous records. The convention staff had to scramble to handle overflow at the annual breakfast buying bonanza and Keith Driscoll, director …

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Home Depot Opens Direct Fulfillment Center

Home Depot announced today the opening of its new direct fulfillment center in Locust Grove, Ga., a suburb of Atlanta. It is the first of three new DFCs the company will open across the U.S. over the next two years, …

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