Tag Archives: financials

Toano, Va.-based flooring retailer Lumber Liquidators finished strong after the spring remodeling season, with reported increased net sales of 22.2 percent to $257.1 million in the second quarter and a 14.9 percent increase in comparable store sales. Gross margin was …

Central Network Retail Group, LLC (CNRG) recently acquired Moore’s Hardware in Dahlonega, Ga., an 11,500-square-foot store with an additional warehouse and lumberyard. Moore’s sells an assortment of lumber, building materials, millwork, hardware, paint, electrical and plumbing products. Lamar Ricketts, Moore’s …

Great American Group, a provider of asset disposition and auction services, is managing store closing sales at eight Orchard Supply Hardware locations. Liquidation sales will be held at Citrus Heights, Fairfield, Huntington Beach, Lone Tree, Long Beach, Midtown, Newark and …

Total nonfarm payroll employment rose in June by 195,000, and the unemployment rate was unchanged from May at 7.6 percent, the U.S. Bureau of Labor Statistics reported. The number of unemployed persons, at 11.8 million, was also unchanged in June. …

Consumer confidence improved for the third straight month, according to the Conference Board Consumer Confidence Index. The Index now stands at 81.4, up from 74.3 in May, bringing it to its highest level since January 2008 (Index 87.3). “Consumers are …

Stock Building Supply Holdings Inc. filed an initial public offering (IPO), with the goal of raising up to $175 million, according to Reuters. Stock Building Supply, which is based in North Carolina and operates in 13 states, is backed by …

Michael Parr, Cascade Wholesale Hardware, left, meets with Mark Marotto, Perfect Vision, at the 2013 GMC in Atlanta. Distributors affiliated with PRO Group, Inc. and Val-Test met with manufacturers during the Group Merchandising Conference, held June 17-19 at the Embassy …