House-Hasson Hardware’s acquisition of Long-Lewis Hardware has brought key changes to both companies. House-Hasson has received a new regional manager; 10 new sales staff members; and 150, 18-wheeler truckloads of merchandise placed on warehouse shelves to sell. “This was an …
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Intertape Polymer Group Inc. (IPG®) announced the acquisition of RJM Manufacturing, Inc. (TaraTape), a manufacturer of filament and pressure-sensitive tapes. TaraTape revenue for the most recently completed fiscal year was approximately $20 million. The purchase price of $11 million was financed with funds …
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Benchmarking and measuring your store’s performance against industry averages are vital to keeping your store competitive and on a continuous growth track. One of the industry’s best tools for benchmarking is the North American Retail Hardware Association’s Cost of Doing Business Study. This …
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To view a PDF of this story, click here. Visit hardwareretailing.com/peer-critique for a critique sheet and hardwareretailing.com/store-tours for a tour of the two different stores. The partnerships started as a pact between three California retailers who knew each other through their co-op. The store …
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Lowe’s Companies, Inc. released second quarter sales and earnings results this week. The big box reported sales for the second quarter increased 4.5 percent to $17.3 billion from $16.6 billion in the second quarter of 2014. Comparable sales increased 4.3 percent. …
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Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …
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The Home Depot today reported sales growth for the second quarter of 2015. The retailer had sales of $24.8 billion, for a 4.3 percent increase above the second quarter of fiscal 2014. Comparable U.S. store sales for the second quarter of …
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True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …
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