Ace Hardware Corporation is willing to sell alternatives to insecticides that may contain chemicals that affect honeybees. Environmental agencies are evaluating if neonicotinoids–which are chemicals used in pesticides–are harmful to honeybee health. Ace may move away from selling products that contain neonicotinoids as alternative pesticides …
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A 360-Degree View of Tractor Supply Company
To view a PDF of this story, click here. By Kate Klein, kklein@nrha.org and Sara Logel slogel@nrha.org The information in this 360 overview was gathered by Hardware Retailing staff from a variety of resources that are attributed throughout. Tractor Supply Company, a long-time specialty retailer, has …
Read More »First Quarter Results for Home Improvement Big Boxes, Co-Ops
First-quarter financials are out for two of the home improvement industry’s big-box chains and two of the co-ops. Check out articles on the Q1 fiscal 2015 numbers by clicking the following links: Ace Hardware Corporation Home Depot Lowe’s True Value
Read More »Lowe’s Announces First Quarter Results
Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …
Read More »The Home Depot Reports Q1 Sales Growth
The Home Depot, the world’s largest home improvement retailer, today reported year-over-year sales growth the first quarter of fiscal 2015. The company, which is headquartered in Atlanta, had sales of $20.9 billion, a 6.1 percent increase from the first quarter of …
Read More »Financial Problems Piling Up for Lumber Liquidators
After a news report came out in March saying that Lumber Liquidators’ Chinese-made laminate flooring contained unsafe levels of formaldehyde, the company is being investigated by federal agencies, has been slapped with class-action lawsuits and now faces even more troubles. Lumber Liquidators has halted sales of its laminate flooring …
Read More »Lowe’s Moving Into Former Target Canada Locations
Lowe’s Canada is moving into locations Target Canada has left vacant, acquiring leases for 13 Target buildings and also buying a Target distribution center in a $151 million deal. Target Canada announced in January that it would leave the Canada market this year, …
Read More »Lowe’s Innovation Labs Brings 3-D Printing to Consumers
Home improvement shoppers can now order custom fixtures with the help of 3-D printers. This week, Lowe’s Innovation Labs introduced in-store and online 3-D printing and scanning services to customers searching for replacement parts and one-of-a-kind creations, according Lowe’s. Lowe’s Innovation Labs …
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