Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …
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An Ace International retailer plans to open two new stores in Dubai, an area where the hardware co-op has invested in a distribution center and is refocusing some of its international growth. The Ace franchisee hasn’t released a timeframe for when …
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The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …
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The Do it Best May Market, which began on Friday and is scheduled to run through today, kicked off with the co-op’s announcement of several new member programs and gave retailers plenty of opportunities to see new products, network and …
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Jonathan Miller, 2015 Young Retailer of the Year Award winner, received a partial scholarship from the National Hardware Show® to attend the NRHA Retail Management Certification Program. Miller was awarded the $5,000 scholarship at the Young Retailer of the Year awards …
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Employees from Do it Best Corp. assembled and donated bicycles to an Indianapolis community center this week. The co-op, which is based in Fort Wayne, Indiana, had sales and business development workers put together the two dozen bikes as a team-building project prior …
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After a news report came out in March saying that Lumber Liquidators’ Chinese-made laminate flooring contained unsafe levels of formaldehyde, the company is being investigated by federal agencies, has been slapped with class-action lawsuits and now faces even more troubles. Lumber Liquidators has halted sales of its laminate flooring …
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The home improvement industry’s biggest gathering offered three days packed with education, entertainment, networking and ceremonies celebrating outstanding retailers, products and companies. The National Hardware Show® hosted its 70th show May 5-7 in Las Vegas, and introduced some changes, such as …
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