Home improvement retailers in the New Orleans area gathered this week to talk business with peers and leaders within the North American Retail Hardware Association. NRHA president and CEO Bill Lee and James Cabirac, NRHA board member and owner of Kief Hardware, hosted the retailers at a networking …
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Alliance International, the Do it Best buying partnership with Canadian co-op Home Hardware Stores Limited, has named a new executive director. Greg Mann replaced long-standing executive director Greg Thomas and will be leading Alliance International, which has $5 billion in …
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For the first time, the largest industry event for home improvement retailers around the world will feature an auction concept. The National Hardware Show® is hosting the auction, which will give May show attendees opportunities to bid on hundreds of different product lots …
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To download a PDF of this story, click here. To download the Paint Selling Guide, visit hardwareretailing.com/paint-trends. With the growing popularity of do-it-yourself TV shows, Pinterest projects, YouTube videos and other social sharing sites, today’s consumers are more fashion-forward than ever—devoting more time to testing …
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To download a PDF of this story, click here. Visit hardwareretailing.com/2015pricing-study to view the NRHA’s 2015 State of Pricing Study. Whether you like it or not, today’s consumers have access to detailed pricing information for every item in your store. In fact, in some cases, …
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Buying two wholesale companies and growing same-store sales boosted revenue for Ace Hardware Corp. in 2014. The home improvement co-op reported 2014 fiscal-year revenue of $4.7 billion, for growth of 13.2 percent year over year. Fourth-quarter revenue also increased, up 13.6 percent …
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Lowe’s reported sales increases for its fourth quarter of 2014, as well as for the fiscal year. The year’s sales were $56.2 billion, a 5.3-percent increase from 2013. Fourth-quarter sales totaled $12.5 billion, which was an increase of 7.3 percent from the …
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An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …
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