Ace Hardware Corp. reported record highs for revenue and net income in the third quarter of 2019. The co-op’s revenues for the quarter hit $1.5 billion, an increase of 7.2 percent from the third quarter of 2018. Net income was …
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Lowe’s Announces Q3 2019 Financials, New Canadian Strategy
Lowe’s has announced its financial results for the third quarter of 2019. In total, the big-box home improvement company reports net earnings of $1 billion for the quarter, up from $629 million in net earnings for the same period in …
Read More »Home Depot Announces Q3 2019 Sales Growth
Home Depot, the world’s largest big-box home improvement company, has announced its third-quarter 2019 financial results. Overall, the company has seen third-quarter fiscal 2019 sales of $27.2 billion, a 3.5 percent increase over the same period in 2018. That sales …
Read More »Retailers Prepare for 165M Thanksgiving Weekend Shoppers
New research from the National Retail Federation (NRF) and Prosper Insights & Analytics projects as many as 165.3 million people will shop during the U.S. Thanksgiving holiday weekend, traditionally one of the busiest retail periods each year. “The traditional Thanksgiving …
Read More »How Tractor Supply Sows Digital Success
As many businesses struggle with competition from e-commerce giants, a new article from financial magazine The Motley Fool shines a light on Tractor Supply Co.’s digital achievements. The article says the company’s e-commerce growth has doubled for 29 consecutive quarters. …
Read More »Do it Best Forms Nonprofit Organization, The Do it Best Foundation
Do it Best Corp. has formed a nonprofit organization, The Do it Best Foundation. Do it Best Corp. and Big Brothers Big Sisters of Northeast Indiana jointly announced a fundraising total of $223,938 as part of The Big DONation, a …
Read More »Inside True Value’s $150M Supply Chain Investment
Last month, True Value opened its newest regional distribution center (RDC), a major component of the company’s $150 million investment in modernizing its supply chain to best serve independent retailers. The 1 million-square-foot hub facility is located in Wilkes-Barre, Pennsylvania, …
Read More »Make the Most of the 2019 State of Independents Conference
The 2019 State of Independents Conference on Dec. 5 is the perfect chance for retailers, wholesalers and channel partners to unite and share ideas for success in 2020 and beyond. Held at the North American Retail Hardware Association (NRHA) headquarters …
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