RadioShack, a consumer electronics company that was once one of the best-known chains in America, has shrunk from thousands of locations around the world to merely 70 company-owned stores in seven states, according to a press release from the company. At its peak, …
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The Importance of Business Valuations Before Retirement
Most small business owners know that planning for retirement is crucial. But according to an article from Entrepreneur, very few business owners are aware of their operation’s true value or take steps to receive accurate business valuations well before considering retiring. …
Read More »Lowe’s to Increase Workers’ Hours to Keep Q2 Momentum
In its second-quarter financial results released Wednesday, Lowe’s announced that it will increase “customer-facing hours” to continue its upward trend in comparable store sales, according to the company. “Lowe’s hopes to ride the wave of stronger shopper traffic with the investment …
Read More »Ace Hardware Reports Revenue Growth in Q2
Ace Hardware Corp. today reported an increase in revenue over the previous year for the second quarter of 2017. The co-op’s second-quarter 2017 revenues were $1.5 billion, an increase of $66 million, or 4.6 percent, over the second quarter of 2016, which is …
Read More »Home Depot Reports Historic Quarterly Sales
The Home Depot reported Tuesday quarterly sales of $28.1 billion for the second quarter of 2017, which is a 6.2 percent increase over the same period last year. “We were pleased with our results this quarter as our customers rewarded …
Read More »EXCLUSIVE: True Value CEO Discusses Earnings, Sale Rumors
The results of continued investments in True Value’s strategic plan are starting to pay dividends and the recent rumors swirling around a potential sale of the co-op will not be a distraction, according to the company’s president and CEO John …
Read More »True Value Responds to Bloomberg Report Regarding Possible Sale
According to a Bloomberg report Monday, True Value Co. is “considering a sale that could value the home-improvement store chain at about $800 million.” People who asked not to be identified as they weren’t authorized to speak publicly say the company …
Read More »Sears Canada Suggests ‘Significant Doubt’ About Future
Sears Canada may be following in the footsteps of its former U.S. parent company, Sears Holdings. The Canadian company says it has “significant doubt” of its ability to continue operations, according to CNN. Sears Holdings used similar language regarding its ability to stay …
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