The Home Improvement Retail Industry has traded at an average premium of 25% to the market in the last five years, but valuations have fallen in 2014 over fears of a slowdown in the housing market. The US home improvement …
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Bull’s-eye! Archery Niche Draws in Customers, Community
Tim Ryan, owner of Ryan’s Hardware in Newburgh, Ind., has found a niche that’s right on target. About a year ago, he added archery equipment and accessories to his store. “My son competes in his school archery league and was …
Read More »Staff Stays Healthy with On-Site Gym Facility
Employees at Malone Do it Best Lumber in Greenville, Ky., don’t need to worry about getting a gym membership to stay healthy—they can use the gym at work. A separate building on the property houses a room full of treadmills …
Read More »Ace’s ‘Race for a Miracle’ Program to Benefit Children’s Miracle Network
The Ace Hardware Foundation’s “Racing for a Miracle” initiative is again partnering with Richard Petty Motorsports (RPM) driver Marcos Ambrose to benefit sick children as the driver races in this weekend in Richmond, Virginia. The initiative is a multi-faceted program …
Read More »INDEPENDENT THINKING: The Big Event Is Even Bigger
We call the May issue of Hardware Retailing the National Hardware Show® Issue. As I’m sure you can tell, it’s our largest issue of the year and is full of editorial content designed to help you become more profitable and …
Read More »RETAIL THERAPY: Can You Pay for Performance?
I’m going to describe a recent experience I had, and I want you to guess where it took place. I walked in to the store and was greeted by an employee who guided me in the right direction for the …
Read More »New-Home Sales Decrease in March
Sales of newly built, single-family homes fell 14.5 percent to a seasonally adjusted annual rate of 384,000 units in March, according to data released by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. “We …
Read More »Comp-Store Sales Up at Tractor Supply in First Quarter
Tractor Supply, the largest rural lifestyle retail store chain in the United States, reported increases in comparable store sales for the first fiscal quarter, citing increased demand for animal- and pet-related and winter seasonal merchandise. Net sales increased 9 percent …
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