In a March 15 decision, the U.S. Environmental Protection Agency (EPA) banned the manufacturing and selling of paint and coating removal products that contain methylene chloride if the products are being sold for consumer use. The rule takes effect May …
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Targeting Multiple Generations of Shoppers With Events
Retail events are attracting shoppers from across generations, but younger shoppers are the biggest fans. Nearly 50 percent of all U.S. consumers attended an in-store event in 2018, according to research from the National Retail Federation (NRF). More shoppers from …
Read More »Ace Looks to Experiences, Relationships for Store Success
In-store experiences and customer relationships were major topics at the Ace Hardware Spring 2019 Convention & Exhibits. Howard Schultz, former chairman and CEO of Starbucks, spoke at the convention’s general session, which kicked off the March 26-28 buying show in …
Read More »Navigating Changing Marijuana Laws
Drug policy concerns for businesses are getting more complex throughout the U.S. as states begin enforcing new laws that allow licensed medical marijuana use or both medical and recreational uses. Attorney Luke Wake from the National Federation of Independent Businesses …
Read More »Housing Trends Report: Millennials Are the Most Likely to Buy Homes
At the end of 2018, fewer Americans were planning to buy a house in the next 12 months than during the year prior—but members of the millennial generation were the most likely to plan a home purchase. The National Association …
Read More »Lowe’s Announces Q4 2018 Financial Results
In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
Read More »Ace Hardware Is Focused on Retailer-Centric Change and Growth
Click the picture to download a PDF of this story. Onward and Upward By Kate Klein, kklein@nrha.org Ace Hardware Corp. is on a growth path that maintains its retailer-owned cooperative model, continues to pursue its core values and finds new, adaptive ways to …
Read More »Brothers Grow a Business by Saving Struggling Stores
From Famine to Flourish Brothers Martin and Art Ruggiero—owners of Desert Foothills Ace Hardware in Phoenix—were already business partners before most kids their age had moved on from their high school and college jobs. Their father, Al, had opened a …
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