Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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Sears Layoffs Hit Corporate Workers
Sears recently laid off more than 200 corporate workers as part of “ongoing restructuring,” according to the Chicago Tribune. The layoffs “affected various business units and roles across the organization,” a Sears spokesman says in the Chicago Tribune article from Jan. 31. Sears …
Read More »Amazon HQ2 Search Narrows to 20 Locations
The search for Amazon’s second headquarters, known as HQ2, has narrowed to 20 North American locations, The New York Times reports. The retailer’s shortlist of possible HQ2 locations leans heavily on East Coast and Midwestern locations, with Los Angeles as …
Read More »Comeback Plan: How 2 Retailers Took Their Stores From Bust to Boom
Click the image above to view a full PDF. Many entrepreneurs setting out to buy a business look for one that’s healthy, where risks are minimal and the probability for success is high. It’s a good, safe bet few would argue …
Read More »Home Depot Readies $15B Share Buyback
During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 …
Read More »The Costly Competition to Land Amazon’s HQ2
On Oct. 19, Amazon received 238 proposals from regions across North America, all competing to become the home of HQ2, Amazon’s second headquarters. Landing HQ2 was an enviable prospect for politicians and business leaders across the country. Amazon says it …
Read More »Financial Checklist for Business Growth
Business growth can be a frightening proposition. Change, risk and unknowns are all part of the equation, and there’s no guarantee that everything will work out the way you hope. However, it’s necessary if you want to continue to be …
Read More »Better Than 2016: Lowe’s Sales Hit $16B in Q3
2017 is shaping up to be a better year than 2016 for Lowe’s, with sales and earnings increasing in its first nine months, including in the third quarter. Net earnings for the first three quarters were $2.9 billion, versus $2.4 …
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