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Tag Archives: slider

Home Depot Reports Fourth-Quarter Sales Growth

Home Depot

An improving economy and recovering housing market helped The Home Depot grow sales in 2014. Today, Home Depot reported 2014 fourth-quarter sales of $19.2 billion, which equates to an 8.3 percent increase from the fourth quarter of fiscal 2013. Comparable store sales in the U.S. were …

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January Home Construction Up Year Over Year

Construction started on more homes in January than in the same month a year ago. The U.S. saw 1.07 million new housing starts in January, an increase of about 19 percent from January 2014, according to data from the National Association …

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Industry Awards Program Continues to Benefit Young Retailers

Two 2014 recipients of the North American Retail Hardware Association Young Retailer of the Year awards are continuing to see benefits of the honor. Hardware Retailing got in touch with past honorees James Coté, owner of Osterville House & Garden, and Zach Coblentz, …

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Amazon Drone Delivery Service On Hold

Amazon’s plans to make deliveries by drone may come to a standstill due to recently proposed federal laws. If proposed legislation passes, Amazon might not be able to launch its Prime Air service in the U.S., according to an article in Fortune. Amazon planned to use …

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Ace Launches Express Delivery to Homes, Other Sites

For a $5 fee, nearly three dozen Ace Hardware stores in the U.S. are sending employees to deliver online orders to customers’ homes, businesses and job sites. Ace launched its Express Delivery pilot program earlier this year at 33 stores in Arizona, Colorado, …

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From Forbes: Ace Hardware CEO, Retailer Explain Success

In its March 2 issue, Forbes magazine recognizes Ace Hardware as a business success story and highlights a thriving chain of Ace stores. Ace is now a $4.7 billion co-op with thousands of locally owned stores, despite massive changes to retail such as the …

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Lowe’s Opens Global Innovation Center in India

As retailers in the U.S. continue to develop higher-tech customer service methods, one big-box home improvement retailer is taking its technology emphasis global. Lowe’s Services India Private Limited, a subsidiary of Lowe’s Companies, Inc., has announced the opening of its Global …

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Target Canada Quells Push to Declare Bankruptcy

target

Target Canada has stopped a campaign pressuring the retailer to declare bankruptcy as it closes down its Canadian operations. As part of exiting the country, Target Canada is working to sell leases, valued at up to $2 billion, on the buildings where the stores are …

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