Ace Hardware reported total revenues of $1.33 billion for the second quarter of 2014, an increase of $157.0 million, or 13.4 percent, from the second quarter of 2013. Net income was $66.5 million for the second quarter of 2014, an …
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Ever heard the phrase “damned with faint praise”? That’s what continually came to mind about the state of the housing recovery as journalists and industry representatives came together here for the annual conference of the National Association of Real Estate …
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KB Home KBH -0.05% captured attention within the home-building industry on Friday with its disclosure that it has seen first-time home buyers resurface in certain markets, perhaps the earliest sign of a long-awaited resurgence needed to boost the industry back to …
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Hardware Distribution Warehouses, Inc. CEO and President Kenneth R. Beauvais announced recently that HDW will be expanding their wholesale services into the Florida panhandle beginning Sept. 1 of this year. “In addition to our recent expansion into Northwest Texas, we …
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According to a recent article from the National Retail Federation, a new app allows retailers and other employers to “see” employees as they clock in and out, verifying identities and delivering individual messages. The app, Timesly, is the world’s first …
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Do it Best Corp. is strengthening its Merchandising team with the addition of Nick Talarico as a Divisional Manager, effective Aug. 1. As Divisional Manager, Talarico will oversee the hand tools, plumbing, cleaning, housewares and InCom departments within Merchandising. He …
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Lifetime Brands, owner of housewares brands including Farberware and KitchenAid, reported Q2 sales of $115.3 million, up 18.9 percent from a year ago. So far this year, the company has acquired U.K.-based Kitchen Craft and La Cafetiere, as well as …
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According to NRHA Canada and our Hardlines partners, Ace Hardware has filed an emergency injunction against its Canadian partner, TIM-BR MART Group, through TIM-BR MART’s parent company, TBM Holdco Ltd. According to the report, the injunction centers around the licensing agreement …
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