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Sales and Attendance Increase at HDW Fall Market

hdw

Hardware Distribution Warehouses, Inc. (HDW) saw record attendance and sales during its recent fall market. Retailers, vendors and staff composed the group of more than 1,000 people who attended the event, which was Sept. 8-10 in Shreveport, Louisiana. Tim Teague of Meadors Lumber in Alma, Arkansas, commented …

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Retailer Panels to Shed Light on Independent Industry

State of Independents Conference

High-performance independent home improvement retailers will discuss industry economic conditions, obstacles to growth, technology usage and the next generation of leaders during the 2017 North American Retail Hardware Association (NRHA) State of Independents Conference. Sponsored by the National Hardware Show®, …

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2017 Cost of Doing Business Study Now Available

Cost of Doing Business Study

Data from the 2017 Cost of Doing Business Study shows that at a typical independent home improvement store, the average customer spends $22 per transaction. At a high-profit store, that number jumps to $30 per sale. When was the last time …

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Ace CEO: Hurricanes, Plans and an ‘Incredibly Good Enemy’

Ace Hardware

Ace Hardware’s president and CEO, John Venhuizen, recently sat down with Hardware Retailing for an interview. He discussed weather events that have impacted Ace retailers, strategies for competing with “an incredibly good enemy” in Amazon and the co-op’s opportunities and plans for growth. …

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Lowe’s New Supply Chain Exec Comes From Omnichannel Retailer

Lowe's

Lowe’s announced the addition of Michael West as its senior vice president of supply chain field operations, the Charlotte Business Journal reports. West joined the home improvement retailer from his previous post at Neiman Marcus, a high-end omnichannel department store. …

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Lumber Prices Rise After Hurricanes, Political Deadlock

lumber

Recent hurricanes in the southern U.S. and an ongoing political deadlock between the U.S. and Canadian governments threaten to raise the prices of softwood lumber, reports Canadian newspaper The National Post. Earlier this year, the U.S. Department of Commerce claimed …

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