The Home Depot’s overall and comparable U.S. store sales were up in the first quarter, boosting the company’s expectations for sales growth for all of 2016. The numbers reflect “our stronger than expected start to the year,” Craig Menear, CEO, president and …
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Be a Part of Something Big
Each year for the past 99 years, the North American Retail Hardware Association (NRHA) has conducted the Cost of Doing Business Study, the industry’s only inclusive retail benchmarking study. This study is extremely important and beneficial to a home improvement retailer …
Read More »Understanding Payroll
The annual Cost of Doing Business Study from the North American Retail Hardware Association (NRHA) is the industry’s only inclusive benchmarking study and has been conducted annually for almost 100 years. The study provides detailed financial information from hardware stores, home centers and …
Read More »Participate in the 2016 Cost of Doing Business Study
As your association, the North American Retail Hardware Association (NRHA) strives to provide quality resources to help you better run your business, which is why it conducts the annual Cost of Doing Business Study. The study is comprised of data confidentially gathered …
Read More »True Value Releases Year-End Results
This week, True Value Company reported its year-end results on a slight upswing from the previous year. According to an article in Business Wire, the company’s total gross billings for the fiscal year ending Jan. 2 were $2,033.2 million. Revenue …
Read More »Sales Continue to Rise for Home Depot and Lowe’s
Last week, big box retailers Home Depot and Lowe’s both announced their fourth-quarter revenues with sales growth that suggests consumers are increasingly spending money on home improvement purchases. Read the following articles for more details on the companies’ financial performance: Home Depot’s …
Read More »Ace Hardware Announces Record-Breaking 2015
Ace Hardware Corporation today reported fiscal 2015 revenues of $5 billion, an increase of $344.5 million or 7.3 percent from fiscal 2014. Additionally, fiscal 2015 consisted of 52 weeks, compared to 53 weeks in fiscal 2014. Despite one less week …
Read More »Lowe’s Fourth Quarter Sales Higher than Expected
Lowe’s Companies today reported a better-than-expected rise in fourth quarter sales, which the company suggested is due to an improving housing market and warmer winter weather. The announcement comes the day after Home Depot also announced better-than-expected sales. While Lowe’s still trails behind its …
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