Westlake Ace signed an agreement to build a new store location in the Monticello Shopping Center in Shawnee, Kansas. The store is set to open in late 2025 or early 2026 and will feature 12,500 square feet of retail space. …
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Walmart Shows Strong Growth in Q4
Q4 2024 Walmart released its Q4 2024 financial results, noting $180.6 billion in total revenue, up 4.1% year over year. The Arkansas-based store chain also reported an operating income of $7.3 billion in Q4, up 30% from the same quarter …
Read More »January Sales Drop Despite Strong December
Shoppers spent less in January than they did during the busy holiday months but retail sales still had strong sales year over year according to the CNBC/NRF Retail Monitor. “Consumers pulled back in January, taking a breather after a stronger-than-expected …
Read More »PaintLine Hires Business Development Lead
PaintLine recently announced the hiring of Josh Frerks as its new business development lead. Frerks comes to PaintLine with an extensive background in sales and marketing in the cabinet, window, door and building products industries. In his new position, Frerks …
Read More »Do it Best Announces New Divisional Merchandise Manager
Do it Best announced Dan Clymer has been appointed to be the divisional merchandise manager after previously serving as head of merchandising for the factory channel and licensing at another national retailer. Clymer brings over 20 years of experience in …
Read More »Economy Ended 2024 On a High Note, NRF Says
In 2024, economic growth withstood inflation, high interest rates and other global challenges and should continue to show strength in 2025, says National Retail Federation chief economist Jack Kleinhenz. “The U.S. economy ended 2024 on a high note and the …
Read More »Tractor Supply Co. Acquires Online Pet Pharmacy Allivet
Tractor Supply Co. recently announced the completion of its acquisition of the privately-owned online pet pharmacy Allivet. “We’re very excited to officially welcome the Allivet team to the Tractor Supply family,” says Hal Lawton, president and chief executive officer of …
Read More »Ossian Hardware Announces Third Acquisition
Ossian Hardware announced the acquisition of Markle Hardware & Rental in Markle, Indiana. This acquisition expands Ossian Hardware’s operations to three home improvement and rental stores in Northeast Indiana. With 5,400 square feet of space, Markle Hardware & Rental has …
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