During the month of June, True Value Company began hosting one-day certification training workshops for its members across the U.S. There will be 67 sessions held during June and July and more to come in August. The training workshops were announced at …
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Lumber Liquidators is reorganizing its executive staff after facing federal investigations, public criticism and lawsuits due to accusations that the company sold flooring that contains unsafe amounts of formaldehyde. The leadership shakeup includes terminating William Schlegel, chief merchandising officer, this week. His …
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United Hardware held its June Buying Market this past weekend in Minneapolis, where retailers browsed new items, shopped for promotional deals and learned about new programs. Hardware Retailing had the opportunity to sit down with United Hardware president and CEO …
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Millennials are still shopping at brick-and-mortar stores, including Home Depot, despite their increasingly online lives, according to recent research from Nuestar Inc. About 48 percent of the millennials studied recently shopped at Home Depot, and 64 percent had shopped at Target within …
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Amazon has been making moves, such as testing drones and offering two-hour delivery in three markets, to speed up the delivery of products ordered online, and is now offering same-day delivery benefits for free to certain customers in 14 metro areas. Amazon Prime …
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The China National Hardware Association is planning its fall show, which is an international exhibiting platform for the home improvement industry that connects buyers and manufacturers from across the globe. The China International Hardware Show is scheduled for Oct. 21-23 in Shanghai, …
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This week, Ace Hardware Corporation reported record revenue and net income for the first quarter of 2015. First-quarter revenues of $1.2 billion were 10 percent higher than the first quarter of 2014. Net income was $29.9 million for the first quarter of 2015, …
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Lowe’s Companies, Inc. today reported net earnings of $673 million for the quarter ending May 1, a 7.8 percent increase over the same period a year ago. Sales for the first quarter increased 5.4 percent to $14.1 billion, up from $13.4 billion in the first …
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