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 Reports Q1 Sales Growth
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 …
Read More »Do it Best Market Includes Launch of New and Enhanced Programs
The Do it Best May Market, which began on Friday and is scheduled to run through today, kicked off with the co-op’s announcement of several new member programs and gave retailers plenty of opportunities to see new products, network and …
Read More »Young Retailer Gets Training Scholarship
Jonathan Miller, 2015 Young Retailer of the Year Award winner, received a partial scholarship from the National Hardware Show® to attend the NRHA Retail Management Certification Program. Miller was awarded the $5,000 scholarship at the Young Retailer of the Year awards …
Read More »Do it Best Donates Bikes to Community Center
Employees from Do it Best Corp. assembled and donated bicycles to an Indianapolis community center this week. The co-op, which is based in Fort Wayne, Indiana, had sales and business development workers put together the two dozen bikes as a team-building project prior …
Read More »Financial Problems Piling Up for Lumber Liquidators
After a news report came out in March saying that Lumber Liquidators’ Chinese-made laminate flooring contained unsafe levels of formaldehyde, the company is being investigated by federal agencies, has been slapped with class-action lawsuits and now faces even more troubles. Lumber Liquidators has halted sales of its laminate flooring …
Read More »Photo Gallery: A Look Back at the 2015 National Hardware Show®
The home improvement industry’s biggest gathering offered three days packed with education, entertainment, networking and ceremonies celebrating outstanding retailers, products and companies. The National Hardware Show® hosted its 70th show May 5-7 in Las Vegas, and introduced some changes, such as …
Read More »Lowe’s Moving Into Former Target Canada Locations
Lowe’s Canada is moving into locations Target Canada has left vacant, acquiring leases for 13 Target buildings and also buying a Target distribution center in a $151 million deal. Target Canada announced in January that it would leave the Canada market this year, …
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