News

Ace’s revenue growth was fresh news at the Ace Hardware Fall 2015 Convention, but CEO and president John Venhuizen offered a warning to retailers: don’t get comfortable. On Wednesday, the cooperative reported revenue growth of 6.5 percent in its second quarter. …

Lowe’s Companies, Inc. released second quarter sales and earnings results this week. The big box reported sales for the second quarter increased 4.5 percent to $17.3 billion from $16.6 billion in the second quarter of 2014. Comparable sales increased 4.3 percent. …

Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …

The Home Depot today reported sales growth for the second quarter of 2015. The retailer had sales of $24.8 billion, for a 4.3 percent increase above the second quarter of fiscal 2014. Comparable U.S. store sales for the second quarter of …

True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …

The shop-local movement is sweeping neighborhoods and Main Streets across America. Many consumers are starting to understand the benefits small businesses provide their hometowns, and they are shopping at local stores for that reason. Therefore, it is important to share …

U.S. retail and food sales in July increased from June, and building material and garden supply dealers saw sales increase by 0.7 percent in that time, according to estimates from the U.S. Census Bureau. Overall retail trade sales were up 0.6 percent from …

When retailers are deciding whether to add new products or replace existing lines in their stores, they consider two major factors: wholesaler support of the new vendor, and if the new vendor offers a free or deeply discounted opening order. These …