Ace Hardware Corporation today reported total revenues of $1.13 billion for the third quarter of 2014, an increase of $94.6 million or 9.1 percent, from the third quarter of 2013. Net income was $37.3 million for the third quarter of …
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Hardware Retailing Stock Index
The home improvement industry is looking up according to the Hardware Retailing Stock Index, which reports stock activity of the leading home improvement retailers, manufacturers and builders influencing the industry. Throughout the month of October, the index gained $84 or a 6.4 …
Read More »Make Payroll a Priority as the Year Ends
While 2014 is coming to an end, tax season is quickly approaching. Independent retailers must make sure their stores’ financials are in check and begin preparing year-end reports. There are many cost-cutting advantages for small business, so review the following article that provides …
Read More »True Value Announces Third Quarter Results
On Monday, Nov. 3, True Value Company reported gross billings of $466.4 million for the quarter ending Sept. 27, 2014, up 2.4 percent or $10.8 million, from $455.6 million for the same period a year ago. Revenue was $350.6 million, …
Read More »First-Time Buyers Face Obstacles
The amount of first-time homebuyers in the market is rather small compared to previous years. According to the National Association of Realtors (NAR), “the share of first-time buyers fell to its lowest point in nearly three decades and is preventing …
Read More »American Consumers Still Have Wallets on Lockdown
As the economy takes small steps towards recovery, many Americans are still monitoring their spending. According to a national poll for Bankrate’s monthly Financial Index, two-thirds of Americans “say they have a reason to limit how much they spend each …
Read More »Amazon’s Profits Plummet in Third Quarter
The biggest online retailer in the United States, Amazon, does not get its dominant position through conservancy – it spends money. Amazon is aggressive, innovative and a juggernaut in delivery and personalization. As Amazon remains a threatening competitor for most …
Read More »Do it Best Hands out $115 Million in Rebates
New products, new vendors, and more than $100 million in member rebates drove a successful Do it Best October Market, held Oct. 17-20 at the Indiana Convention Center in Indianapolis. The market got off to a strong start on Friday …
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