Ace Hardware Corp. reported financial growth in its fourth quarter and for fiscal 2016, which the co-op’s top executive called a “challenging year.” The cooperative saw fourth-quarter 2016 revenues of $1.2 billion, an increase of 5.8 percent from the fourth quarter of 2015. …
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Retailers Celebrate Independence at True Value Spring Reunion
Home improvement retailers came from around the globe to discover new products, attend educational seminars and network with other business owners at the True Value Spring Reunion. The weather was cold and rainy, but spirits were high as retailers used their …
Read More »Plenty to See and Do at Orgill Spring Dealer Market
Retailers from around the world gathered at the Orgill Spring Dealer Market to find good deals, see new products and get ideas for improving their businesses. The show was Feb. 16-18 at the Ernest N. Morial Convention Center in New Orleans. “It’s …
Read More »Ace Hardware Sponsoring Pro Golfer Jim Furyk
Ace Hardware is continuing to promote its brand nationally through the PGA Tour. The co-op recently announced it is sponsoring pro golfer Jim Furyk, a 17-time winner on the PGA Tour and 2010 FedEx Cup champion. “On behalf of all of us …
Read More »Sears Planning $1B in Cost Cuts
Sears Holdings is restructuring to reduce its costs by $1 billion in 2017, the company announced Feb. 10. The retailer has seen steadily declining sales at its Kmart and Sears stores, and has been looking for ways to get profitable again. Earlier this year, …
Read More »The National Hardware Show® Wants to Know What You Would Do With $100K
The National Hardware Show® will be awarding one lucky retailer $100,000 to invest in the future of their business through its Reimagine Retail Program. The program is open to all independently owned home improvement/hardware retailers. Retailers will be able to enter …
Read More »Exclusive: Target Talks Open House Relaunch
In July 2015, Target launched Target Open House, a concept store in San Francisco that invites Internet of Things (IoT) entrepreneurs to debut their products in a retail space where consumers can interact with items before they buy them. IoT …
Read More »Sears Spinoff Building Relationships With Independents
Sears Holdings Corp. may be struggling financially, but its spinoff, Sears Hometown and Outlet Stores, is growing with the help of independent retailers. In fact, James Cabirac, owner of Kief Hardware in Cut Off, Louisiana, opened a Sears store-within-a-store this …
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