Lowe’s has decided to end its separate initiatives with Alacrity Renovation Services and Iris Smart Home, the company announced in its third-quarter financial report. The company described both endeavors as “non-core activities within its U.S. home improvement business,” and said …
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Nominations Open for 2019 Young Retailer of the Year
Do you or one of your employees have what it takes to be named a 2019 Young Retailer of the Year honoree? Now in its 23rd year, the Young Retailer of the Year program highlights the accomplishments of the newest …
Read More »Revenue, Store Sales Up for Ace Hardware
Ace Hardware Corp. reported revenue and same-store sales growth for the third quarter of 2018. The co-op’s quarterly revenues were $1.43 billion, an uptick of 6.3 percent from third-quarter 2017. The growth was the result of adding new stores, increasing retail …
Read More »Benchmark Your Business With 2018’s Market Measure
Click the picture to download a PDF of this story. The Industry’s Annual Report While 2018 has shaped up to be another relatively strong year for sales in the home improvement industry, we may be facing a perception problem that …
Read More »Lowe’s Reports Q3 Financials; Plans to Exit Mexico
In its third-quarter financial results, big-box home improvement retailer Lowe’s reported net earnings of $629 million. The company also announced plans to “exit its Mexico retail operations,” according to a press release. In the second-quarter of 2018, the company reported …
Read More »Independent We Stand’s 2018 Indie Award Quarterfinalists Announced
Americans cast thousands of votes for 171 nominees during the nominations phase of the eighth annual Independent We Stand Independent Small Business of the Year Award, also known as the Indie Award. Each year, Independent We Stand, a national small …
Read More »Registration Now Open for 2019 IGC Show
Green thumbs unite! Registration for the 2019 IGC Show in Chicago is now open. The event will take place Aug. 13-15 at Chicago’s Lakeside | McCormick, showcasing the latest trends in lawn and garden products. By registering now, attendees can …
Read More »Maine Retailer Scoops Up New Opportunities With Ice Cream Shop
For 20 years, Pete Erickson’s job was selling and servicing forestry equipment, which required him to travel all across New England. Yet four years ago he decided to change his career path drastically. From spending his days outside in the …
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