Earlier this month, True Value Company announced Hardware Group as its newest member. Hardware Group boasts more than 23 stores in Puerto Rico and counting, meaning the partnership will expand True Value’s presence on the island. Founded in 2011, Hardware Group …
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According to retail analytics company RetailNext, Black Friday will no longer hold the top spot as the busiest shopping day of the year. As retailers expand sale windows and move promotions online, consumers are spreading out their shopping days, too. …
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Today’s retailer has more competition than ever. Not only are big-box chains still a factor, but retailers also have to face consumers turning to e-commerce platforms like Amazon for a quick and easy shopping experience. To help their retail members remain …
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Hardware Distribution Warehouses Inc. (HDW) has acquired World and Main Houston, a Texas retail distribution business formerly known as Handy Hardware. The buyer, Hardware Distribution Warehouses Inc., is based in Shreveport, Louisiana, and provides inventory and retail services to lumberyards, hardware stores and …
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Third-quarter earnings reports from the largest big-box home improvement retailers and Ace Hardware Corp. showed mixed results. The Home Depot reported revenue increases, but both Lowe’s and Ace Hardware had year-over-year drops. For more details, read the following stories: Released Nov. 15: …
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As the end of the year approaches, one item on your to-do list should be reviewing your company’s health insurance plan in preparation for the Jan. 1 renewal deadline. Health insurance-related laws and regulations are constantly changing. Moving into 2017, …
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After record 2015 sales, Ace Hardware Corp. expected but underestimated a revenue drop in third-quarter 2016, according to the co-op’s top executive. Ace’s financial performance in third-quarter 2015 was the best in the company’s history, with revenue up 13.2 percent and net …
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Lowe’s net earnings took a hit in the third quarter of 2016, failing to perform as well as leadership projected. “Our third-quarter operating results were below our expectations due to slower sales in the first two months of the quarter,” …
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