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Industry News

Lumber Liquidators Sales Up in Third Quarter

Lumber Liquidators reported net sales increased $50 million, or 24.5 percent, to $254.3 million in the third quarter of 2013 from $204.3 million in the third quarter of 2012. Comparable-store net sales increased 17.4 percent for the quarter, driven by a 9.8 percent increase in …

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More Than 15,000 Retail Jobs Added in September

Total nonfarm payroll employment rose by 148,000 in September, and the unemployment rate was little changed at 7.2 percent, the U.S. Bureau of Labor Statistics recently reported. Employment increased in construction, wholesale trade, and transportation and warehousing. The National Retail …

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Laying the Foundation for a Succession Plan

stock-succession-planning Feature

After 20 to 30 years of hard work many owners should think about retirement and selling their company but choose not to for several different reasons. Some of those reasons are: None of the children want to continue with the …

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Ace Names This Year’s Coolest Hardware Stores

Ace recently recognized six member stores with the company’s third-annual “Coolest Hardware Store” awards. Of 4,700 locally-owned and operated Ace Hardware stores worldwide, these stores were named during Ace’s annual Platinum Conference held in Las Vegas this week: Ace Hardware …

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27-Store Chain Joins True Value

True Value expands its wholesale customer base with the addition of its newest affiliate member, Family Farm & Home. Headquartered in Muskegon, Mich., with a warehouse in Grand Rapids, Mich., the chain brings its wholesale buying for 27 existing stores …

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