Increased demand for home improvement products led Lowe’s to a jump in comparable-store sales in the second quarter, the company reported. Its comparable-store sales for the quarter increased 9.6 percent; over the past six months, comparable-store sales grew by 4.6 …
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Distribution America, PRO Group Executive Planning Conference Scheduled for November
Home improvement industry manufacturers and vendors can meet with Distribution America (DA) officials and PRO Group leaders during the 2014 Executive Planning Conference (EPC), scheduled for Nov. 13-15 at the Marco Island Marriott Resort & Spa in Florida. The conference …
Read More »Home Depot’s Same-Store Sales Jump in Second Quarter
The recovering housing market coupled with rebounding sales in seasonal categories contributed to Home Depot’s U.S. comparable-store sales increasing by a double-digit percentage in the second quarter, the company said. Comparable-store sales for the second quarter of fiscal 2013 were …
Read More »Chattanooga to be Site of House-Hasson Hardware Fall Show
House-Hasson Hardware’s 2013 fall product show is scheduled to take place Oct. 17-19 at the Chattanooga Convention Center in Chattanooga, Tenn., an event which will bring up to 2,000 visitors to the city, according to the distributor. House-Hasson Hardware President …
Read More »How to Respond to Fundraiser Requests
When you get a request for help, don’t hang up the phone just because you don’t think the organization is big enough to be relevant to you. While you can’t help everyone, it’s important to be slow to say no …
Read More »Handy Hardware Holds First Post-Bankruptcy Market
This week, Handy Hardware welcomed retailers and manufacturers to its first buying market since Littlejohn & Co., a Connecticut-based investment firm, acquired the Texas-based distributor out of bankruptcy. The Fall Buying Market is taking place in San Antonio and runs …
Read More »Rona’s Comp-Store Sales Down in Second Quarter
Canadian home-improvement retailer Rona Inc. reported a drop in same-store sales for the second quarter due to “relatively difficult market conditions” and several store closures, according to the company. The retailer’s same-store sales were down 1.0 percent, due to a …
Read More »Ace’s Same-Store Sales Up in Second Quarter
Ace Hardware reported total revenues of $1.2 billion for the second quarter, up 9.7 percent from the same period last year, which the co-op attributes to sales increases “in virtually every department” at both the wholesale and retail levels. Same-store …
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