Shop-local organization Independent We Stand is honoring an Ohio street and contributing $25,000 to its Main Street revitalization program. Main Street Wellington in Ohio has been named the 2019 winner of Independent We Stand’s annual America’s Main Streets contest. As …
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Retail Leaders Discuss Impact of Tariffs
Recently, tariffs on goods entering the U.S. have been hot topics in retail. No matter which industry a business operates within, tariff implementations are causing ripple effects on suppliers and shoppers alike. Retail leaders from some of the U.S.’s best-known …
Read More »Ace Hardware Expanding Texas Distribution Center
Ace Hardware Corp. has announced plans to double the size of its distribution center in Wilmer, Texas. The upcoming expansion will add more than 450,000 square feet to the existing 450,00-square-foot facility, which originally opened in 2014. Construction for the …
Read More »Distribution America’s International Network Prizes Individuality
Strength in Members Distribution America is a team of six distributor members that combines a range of product specialties and service areas to power the largest independent distribution network in North America. Formed in 1991 with the merger of Liberty Distributors …
Read More »Home Depot Reports Sales Growth for First Quarter
The Home Depot has announced first-quarter 2019 sales of $26.4 billion, for a 5.7 percent sales increase above the same period in 2018, the company reports. Home Depot says comparable store sales in the U.S. for the quarter were up …
Read More »Lowe’s Reports $17.7B in Q1 2019 Sales
Big-box home improvement chain Lowe’s has announced its first-quarter 2019 financial results. In total, Lowe’s achieved net earnings of $1.0 billion, up 1.2 percent from the same period in 2018, the company reports. Lowe’s also announced its decision to “sell …
Read More »Ace Hardware Sees Income, Revenue Growth in First Quarter
First-quarter 2019 was a period of growth for Ace Hardware Corp. The Oak Brook, Illinois, co-op on May 22 reported first-quarter 2019 revenues of $1.4 billion, an increase of 5.1 percent from the first quarter in 2018. Net income was $22.6 million …
Read More »Ace Hardware Acquires 50 Great Lakes Ace Stores
Ace Hardware Corp. confirmed May 22 that the co-op now has full ownership of the Great Lakes Ace Hardware chain. The co-op’s first-quarter financial report says that Ace Hardware experienced revenue increases in early 2019, in part due to the acquisition of …
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