Lowe’s Companies released its third quarter financial results, posting $20.2 billion in total sales, compared to $20.5 billion in Q3 2023. Comparable sales for the quarter decreased 1.1%, driven by continued softness in DIY large-ticket discretionary demand, which was offset …
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In the April edition of Hardware Retailing, explore how keeping a sharp focus on the key retail metrics that define your business can help you streamline your operation. Now, get more resources to help you identify and improve your business’s …
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Member Insurance Agency, the largest provider of insurance to co-op and independent hardware stores in the U.S., has announced it will begin operating under a new name: American Hardware & Lumber Insurance Agency, Inc., effective Feb. 8, 2021. This rebranding …
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Recently, the North American Hardware and Paint Association (NHPA) hosted a webinar focused on the 2020 Market Measure report, the annual overview of the forces and factors affecting the home improvement marketplace. Sponsored by Epicor, the webinar gave independent home …
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Though Paycheck Protection Program funds are still available to small businesses struggling amid economic hardships brought on by COVID-19, some borrowers and lenders are concerned about ambiguous terms of the loans. In an effort to help answer small business owners’ …
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Many small business owners struggle to identify financial pitfalls or get help before problems become disastrous for their retail operations. Attorney R. Scott Williams from Rumberger, Kirk & Caldwell took questions on issues that signal danger and what to do …
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The U.S. House of Representatives on Nov. 16 passed its tax reform bill, called the “Tax Cuts and Jobs Act,” sending the bill to the Senate for consideration, which is also deliberating its own tax reform bill, The New York …
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Sears Holdings Corp. announced internally Tuesday that it would close 72 additional retail locations by September, according to Business Insider. The closures are in addition to the 180 stores the retailer has shuttered since the beginning of the year. Included in …
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