Monitoring market trends in consumer sentiment, home improvement rates and construction figures can help you anticipate emerging opportunities for your business. Use the tables below to get a deeper understanding of a few of the forces affecting independent home improvement. …
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Lowe’s Reports $16B in Q4 2019 Sales
Big-box home improvement chain Lowe’s has released its financial results for the fourth quarter of 2019, indicating sales growth compared to the same period in 2018. In total, Lowe’s posted $16 billion in fourth-quarter 2019 sales, up 2.5 percent from …
Read More »Ace Hardware Reports Record Revenue in Q4 2019
Ace Hardware Corp. reported a record fourth quarter revenue in 2019 of $1.5 billion, a 6.1 percent increase from the fourth quarter of 2018. Net income was $3.5 million for the quarter, a decrease of $21.7 million from the fourth …
Read More »Builders’ Outside Sales Team Delivers 3 Decades of High Sales
Across the western U.S., the Builders chain of home improvement stores offers a complete selection of building materials and design services. One central element of the company’s decades-long success is its outside sales team, a group of 21 salespeople who …
Read More »5 Ways to Find New Products
If you want a good strategy for growing your business, you should always be searching for new products. New products help differentiate your business from your competitors, they often offer high margins, they get your customers excited about shopping and …
Read More »Do it Best Names New Regional Sales and Business Development Manager
Do it Best has announced the addition of Kyle Walters as its newest regional sales and business development manager. Walters will lead a team of territory managers across a region of the southern U.S. covering seven states. Together, Walters and …
Read More »Do it Best Names New Sales and Business Development Managers
Do it Best Corp. has named three of its senior sales and business development leaders to new roles as it strengthens the team to drive additional sales for its member-owners. Effective immediately, Rob Schmiedel serves as the company’s sales operations …
Read More »Seasonal Promotions to Increase Add-On Sales
Springtime is right around the corner, and for most retailers, that means it’s time to start preparing for the busy DIY season. You may be hiring seasonal staff, double-checking your inventory, cleaning your store and making room for the extra …
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