Ace Hardware Corp. reported growth in revenue and net income for the third quarter of 2017. The cooperative released its financial results Nov. 16, calling revenues of $1.34 billion a record for the company. Revenue for the quarter grew 9.1 percent …
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Hurricanes Lift Home Depot in Third Quarter
In its third-quarter financial results released Nov. 14, The Home Depot says sales related to hurricanes “positively impacted comparable store sales growth by approximately $282 million.” The big-box home improvement retailer beat analysts’ projections for its overall sales and its comparable store sales …
Read More »Thousands of Vendors Expected for 2018 International Hardware Fair
If you’re looking for unique ways to differentiate your business, see developing trends in home improvement and network with other retailers and industry leaders from around the world, the 2018 EISENWARENMESSE – International Hardware Fair (IHF) is a must-visit exhibition. …
Read More »Westlake Ace to Acquire 7-Store Operation in Chicago
Westlake Ace Hardware announced today it has entered into an agreement to acquire Buikema’s Ace Hardware, an independently owned business that operates seven stores in the Chicago area. The acquisition will be finalized on Jan. 2, 2018. According to Westlake, Buikema’s …
Read More »Ace-Sponsored TV Show ‘Make48’ Goes National
A TV show that Westlake Ace Hardware has sponsored in the past now has a sponsorship from Ace Hardware Corp. and debuted nationally this fall. “Make48” features several teams of inventors competing against each other to create new consumer products …
Read More »Highlights From 2017 Employee Compensation Report
Click the image above to see how data from the 2017 Employee Compensation Report appeared in Hardware Retailing‘s November issue. NRHA Presents Insights From New Report Retailers’ payroll expenses can be a critical part of their operations’ profitability. The North American Retail Hardware …
Read More »New Hampshire Store a Haven for Local Beekeepers
In the town of Plymouth, New Hampshire, locals have taken it upon themselves to help the bee population flourish. Not only do they collect honey, but the main goal is for the bees to stay strong and pollinate other plants as well. …
Read More »D.C. Hardware and Bike Business Moves Location, Introduces Cafe Concept
In Washington, D.C., one of people’s favorite modes of transportation is biking. When this excitement for biking really kicked into gear in the 1970s, District Hardware and Bike decided to hop on the craze, becoming a hardware and bike shop. The business …
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