Lowe’s presence in Canada has been evolving over the past four years, with business acquisitions and branding changes included in the company’s growth strategy. One of its newest changes is the rebranding of 17 home improvement stores Feb. 26 in …
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Legislative Report: Small Businesses Taking on Taxes
Click the picture to download a PDF of this story. To keep retailers more informed about the legislative issues that may impact their businesses, Hardware Retailing will be providing regular updates in future issues and online. Online retail sales continue …
Read More »3 Counterpoints to the ‘Retail Apocalypse’
Many news reports suggest retail is headed for its ultimate demise, and it’s often referred to as the “retail apocalypse.” With the news of store closures, bankruptcies and layoffs coming almost daily, that’s an easy conclusion to come to. However, …
Read More »D.C. Businesses Welcome Community Members, Provide Unique Goods
In major cities around the world, many consumers are looking for a sense of community and belonging. To help their customers along, many independent retailers are using their businesses to create an inviting space for like-minded people to gather. One …
Read More »NRHA’s Succession Planning Study Is Now Available
The North American Retail Hardware Association (NRHA) has released its Succession Planning Study. Succession planning is an ongoing challenge for retailers who do not have a successor in place or have not prepared a step-by-step exit plan for themselves before …
Read More »Home Depot Sees Sales and Earnings Increase in 2017
The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …
Read More »Less Than 2 Weeks Left to Submit Young Retailer of the Year Nominations
There are just a few days left to submit your nomination for the 2018 Young Retailer of the Year program before the Feb. 28 deadline! Now in its 22nd year, the Young Retailer of the Year program highlights the accomplishments …
Read More »Revenues, Same-Store Sales Up for Ace Hardware
Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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