The Home Depot today reported sales increases in the third quarter and expectations of overall sales growth for fiscal year 2015. The quarter’s $21.8 billion in sales represented a 6.4 percent rise compared to the same period in 2014. In addition, comparable store sales in …
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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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