Tag Archives: financials

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 …

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 …

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 …

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 …

United Hardware held its June Buying Market this past weekend in Minneapolis, where retailers browsed new items, shopped for promotional deals and learned about new programs. Hardware Retailing had the opportunity to sit down with United Hardware president and CEO …

Stock Building Supply Holdings, Inc. and Building Materials Holding Corporation, two leading building materials and solutions providers to professional contractors, announced the signing of a definitive merger agreement under which the two companies will combine in an all-stock transaction. The combined …

First-quarter financials are out for two of the home improvement industry’s big-box chains and two of the co-ops. Check out articles on the Q1 fiscal 2015 numbers by clicking the following links: Ace Hardware Corporation Home Depot Lowe’s True Value

This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014.  Net income was $29.9 million for the first quarter of 2015, …