Ace Hardware released its third quarter financial report this week, reporting record Q3 revenues of $2 billion, an increase of 1.4 percent on top of last year’s increase of 30.7 percent. It also posted a record net income of $99.3 …
Read More »
This week, several Big-Box organizations released their Q3 financials, with most reporting continued sales increases in an already successful year. Lowe’s reported net earnings of $1.9 billion and diluted earnings per share (EPS) of $2.73 for the third quarter. Those …
Read More »
After more than 494,000 total votes cast for 216 entrants, Independent We Stand (IWS) has announced the quarterfinalists for their sixth annual America’s Main Street contest, “Road to Recovery.” The next phase of voting will take place Nov. 15 through …
Read More »
The month of October saw a jump in three leading consumer metrics—inflation, price gains and overall retail sales. According to the U.S. Labor Department Consumer Price Index for All Urban Consumers, inflation increased 0.9 percent in October, following a modest …
Read More »
If an operation didn’t already utilize e-commerce and contactless systems before the pandemic, they most likely added them during the shutdowns to better serve their customers. Customers have come to expect these options, so retailers should stay on top of …
Read More »
No one likes to be criticized, but it can be extra difficult for a company to receive negative feedback, especially when it is given publicly. The internet has made it easy for anyone to say anything about anybody else and …
Read More »
Last Thursday, the Biden administration released two new rules regarding vaccination mandates for employers. The first rule was issued by the Occupational Safety and Health Administration and covers companies with 100 or more employees. The rule requires employees of those …
Read More »
Nominations are open for the North American Hardware and Paint Association’s (NHPA) 2022 Young Retailer of the Year program. Now in its 26th year, the program identifies young leaders who represent the future of the independent home improvement industry. Program …
Read More »
Hardware Retailing The Industry's Source for Insights and Information
