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 »Tag Archives: financials
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 …
Read More »Tractor Supply Company: More Growth in Q2
Tractor Supply Company opened new stores and saw increases in sales and income during the second quarter of 2015. The rural lifestyle store chain had net sales of $1.77 billion, an increase of about 12 percent from 2014’s second quarter. Net income …
Read More »Payroll Makes a Performance Difference
Motivating employees to work hard is a challenge managers will always face because some associates are naturally driven to do their best every day while others lack initiative. Employee appreciation lunches, discounts on products and other recognition methods all boost …
Read More »Home Improvement Retail Sales Increase in May
U.S. retail and food services sales increased in May, up an estimated 2.7 percent from May 2014 — but the home improvement industry’s numbers were even better. Building materials and gardening supplies sellers saw retail sales go up by 4.8 percent year over year, and …
Read More »