The U.S. Department of Commerce says retail sales in March grew at the fastest pace since late 2017, according to an article from CNBC. In total, retail sales increased at a seasonally adjusted rate of 1.6 percent, the strongest monthly …
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How I Did It: Doing Store Expansion Smart
In 1998, Jeff Paladino purchased his family’s 4,500-square-foot hardware store nestled in a shopping mall in Milton, New York. His family had owned several businesses over the years before taking on a local hardware store. A switch into hardware seemed …
Read More »Big Boxes Announce Latest Financial Results
Big-box retailers Home Depot and Lowe’s both announced their financial results for the fourth quarter of 2018. Check out the links below to learn more about the companies’ financials and what their respective CEOs had to say about business going …
Read More »Lowe’s Announces Q4 2018 Financial Results
In its fourth-quarter 2018 financial results, big-box retailer Lowe’s reports a net loss of $824 million. This figure is in contrast to net earnings of $554 million during the same period in 2017. Sales for the fourth quarter came to …
Read More »Sears and Amazon Share Similar Pasts, Divergent Futures
Click the picture to download a PDF of this story. By Todd Taber, ttaber@nrha.org Reinvention of the Retail Giant Founded nearly a century apart, Sears and Amazon echo one another through the decades. Both companies began as small startups indistinguishable from most. Sears …
Read More »Home Depot Reports Q4, 2018 Financial Results
Home Depot has announced its financial results for the fourth quarter of 2018 and for the year overall. In total, the company reported sales of $26.5 billion for the fourth quarter of 2018, which represents a 10.9 percent increase over …
Read More »Ace Hardware Corp. Sees Revenue, Same-Store Sales Growth
On Feb. 14, Ace Hardware Corp. reported revenue and same-store sales growth for fourth-quarter and full-year 2018. The co-op saw quarterly revenues of $1.4 billion, an increase of 5.7 percent from the fourth quarter in 2017. Revenues for the entire year …
Read More »Taking Stock of New Tax Guidelines
A new report from the Associated Press outlines some of the federal tax changes small business owners should be aware of as they begin filing their annual returns. Take a moment to review a few of the tax changes for …
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