Do it Best reported $4.8 billion in sales for the fiscal year ended June 24, 2023, building on three consecutive years of record growth. Since 2021, the company has welcomed nearly 800 new locations to the cooperative. This year, Do …
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5 Tips to Spark Electrical Lighting Sales
From strategic merchandising to staying on top of the most popular trends, consistently applying best practices to regular traffic-driving categories like electrical and lighting will set your operation up for continual improvement and ever-increasing sales. It is easy to become …
Read More »5 Ways to Charge Up Hand and Power Tool Sales
A vital category for many hardware operations, hand and power tools have the potential for powerhouse sales no matter the size of your business. Merchandising wisely, being knowledgeable and highlighting promos are just some of the strategies that can take …
Read More »NRF Forecasts 6 to 8% Retail Sales Growth in 2022
The National Retail Federation (NRF) released its annual forecast, predicting a 6 to 8 percent growth in U.S. retail sales to more than $4.86 trillion in 2022. Nonstore and online sales year-over-year, which are included in the total figure, are …
Read More »Ace Reports Revenue Increases for Q4 and 2021
Ace Hardware Corporation released its sales and revenue numbers for Q4 2021 and full year 2021 results, recording full-year revenues of $8.6 billion, a 10.7 percent increase in full-year revenues on top of 2020’s increase of 27.9 percent. Q4 revenues …
Read More »3 Ways to Combat Supply Chain Issues This Holiday Season
No industry is immune to the supply chain woes gripping the retail world. While consumers are well aware of the issues, they are still looking for answers and relying on their favorite retailers to still provide the products they need. …
Read More »Tractor Supply Co. Reports Record Q2 Earnings
Big-box home improvement chain Tractor Supply Co. has reported record earnings for its second quarter, which ended June 26. The company’s net sales for the second quarter stood at $3.6 billion, up more than 13 percent from the same period …
Read More »Ace Hardware Reports Record Sales, Revenue in 2020
Ace Hardware Corp. has reported its fourth-quarter and fiscal year 2020 financial results, confirming a record-breaking year for the home improvement retailer. For the fourth quarter, Ace reported revenues of $2.1 billion, a 39 percent increase from the same period …
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