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 …
Read More »Help Your Association Help You–and Get Entered For a Chance to Win $500!
Want to win a little extra cash, just in time for the holidays, and help your association, too? Participate in our Employee Compensation Survey and be entered to win one of two gift cards. Employee compensation isn’t just about pay …
Read More »Signs of Improving Economy Evident at Do it Best October Market
From the return of an old friend to the introduction of a new program, the Do it Best Corp. October Market, held Oct. 19-21 in Indianapolis, had plenty to offer its retailers. During the shareholders’ meeting Sunday night, Don Wolf, …
Read More »Laying the Foundation for a Succession Plan
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 …
Read More »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 …
Read More »It’s Not Too Late to Register for International Hardware Fair 2014
It’s time to register for the 39th annual International Hardware Fair in Cologne, Germany. The show is considered one of the leading international events in the home improvement industry. In fact, last year, more than 50,000 attendees from 132 countries …
Read More »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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