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 Experiences Growth in Q2
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 …
Read More »Home Depot’s Sales Rise in Q2
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 …
Read More »True Value’s Revenue and Sales Increase in Q2
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 …
Read More »Retail Sales Up for Building Materials, Garden Supplies
U.S. retail and food sales in July increased from June, and building material and garden supply dealers saw sales increase by 0.7 percent in that time, according to estimates from the U.S. Census Bureau. Overall retail trade sales were up 0.6 percent from …
Read More »Ace Hardware Ranks in Top 25 of Fast-Growing Retailers
Ace Hardware is in the top 25 percent of fastest-growing retailers in the U.S., according to the National Retail Federation. Ace, which is headquartered in Oak Brook, Illinois, ranked No. 24 for year-over-year domestic sales growth on the Hot 100 Retailers 2015 list, which the retail trade association …
Read More »Orgill’s Canada Operation to Purchase Chalifour
Canada’s TIM-BR MART Group has announced the sale of the hardlines assets of its distribution arm, Chalifour Canada Ltd., to Orgill Canada Hardlines, ULC, a wholly owned, Canadian-based subsidiary of Orgill, Inc. “The strategic alliance resulting from this transaction will …
Read More »CNRG Buys 28-Unit Marvin’s Building Centers
In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain. Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and …
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