An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …
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Target Canada Quells Push to Declare Bankruptcy
Target Canada has stopped a campaign pressuring the retailer to declare bankruptcy as it closes down its Canadian operations. As part of exiting the country, Target Canada is working to sell leases, valued at up to $2 billion, on the buildings where the stores are …
Read More »Have You Mastered These Business Principles? Take This Quiz
The “Retailing 101: An Overview” story in the February 2015 issue of Hardware Retailing discussed what retailers need to know about the marketing, finance, operations and human resources aspects of their business. To read the full story, click here. Once …
Read More »Retailing 101: An Overview
To download a PDF of this story, click here, and visit hardwareretailing.com/retailing-101 to take a quiz and determine how much you know about marketing, operations, finances and human resources. What Does Your Report Card Look Like? By Liz Lichtenberger, llichtenberger@nrha.org and Kate Klein, kklein@nrha.org When was the last time …
Read More »Target Closing All Canada Stores
Target is getting out of the Canada market, closing its 133 stores in the country because the Canadian division was unprofitable. Corporate leadership couldn’t develop a feasible plan to get Target Canada profitable until 2021 at the soonest, according to CEO and …
Read More »What’s In Your Plan?: What a Strategic Plan Is, and Why Your Business Needs One
To download a PDF of this story click here and visit hardwareretailing.com/strategic-planning to learn more about the components of a strategic plan and see some examples for each of the components that make up a plan. Frank Strano has some …
Read More »Business Resolutions for 2015
Do you have big goals for your business in 2015? The beginning of the New Year is a great time to refocus on both personal and business goals. If you haven’t started crafting any resolutions for your business yet, check out the …
Read More »Home Sales Dip in November
Sales of existing homes dropped in November. The decrease from October to November was 6.1 percent, with the market faltering in advance of the slower winter months. Sales of previously owned homes have hit their lowest level since May, according to a Forbes …
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