Ace’s revenue growth was fresh news at the Ace Hardware Fall 2015 Convention, but CEO and president John Venhuizen offered a warning to retailers: don’t get comfortable. On Wednesday, the cooperative reported revenue growth of 6.5 percent in its second quarter. …
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Best Practices at Wholesaler Markets
Fall and spring wholesaler markets are great places to see new products, get special promotional prices and network with industry professionals. However, some markets are so expansive they can be overwhelming and hard to use efficiently. Depending on the season, …
Read More »Federal Organizations Investigate Lumber Liquidators Flooring
For the past several weeks, Lumber Liquidators has been in hot water after the CBS program “60 Minutes” accused the company of selling Chinese-made laminate flooring with unsafe levels of formaldehyde in it. Currently, the U.S. Consumer Product Safety Commission is …
Read More »Service and Relationships Emphasized at Ace Convention
Ace Hardware’s leaders had positive financial news to share at the co-op’s spring convention this week, but emphasized the importance of relationships and service to keeping retailers’ businesses successful. Retail profit dollars increased by 5 percent and total retail sales …
Read More »Network Online with NRHA and Industry Peers
Stay up-to-date on professional, home improvement industry and association news and practices. Connect with Hardware Retailing magazine and the North American Retail Hardware Association on social media and access the latest news and resources available to better train employees and improve business practices and …
Read More »Hyde Group, Inc. Names Robert Scoble the Next President
The Hyde Group announced the promotion of Robert Scoble to a new key role as president of Hyde Group, Inc., effective October 15, 2014. Rob reports to Richard M. Clemence, CEO of the Hyde Group, Inc. In his new position, …
Read More »Group Merchandising Conference Unites Manufacturers, Distributors
The mid-year Group Merchandising Conference (GMC), which ran June 16-18 in Atlanta, focused on building relationships and previewing products. Distributors affiliated with PRO Group, Inc. and Val-Test met with manufacturers during 973 scheduled private 30-minute buyer/vendor appointments over the course of …
Read More »Retail Imports Spike as Contract Deadline Approaches
Import volume at major U.S. container ports is expected to increase 7.5 percent in June as retailers bring unusually high quantities of merchandise into the country early to avoid any potential disruptions after the labor contract with West Coast dockworkers …
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