Tag Archives: slider

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, …

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 …

The Do it Best May Market, which began on Friday and is scheduled to run through today, kicked off with the co-op’s announcement of several new member programs and gave retailers plenty of opportunities to see new products, network and …

Lowe’s Canada is moving into locations Target Canada has left vacant, acquiring leases for 13 Target buildings and also buying a Target distribution center in a $151 million deal. Target Canada announced in January that it would leave the Canada market this year, …

The North American Hardware and Paint Association (NHPA) and Independent We Stand recently announced the findings of their “Home Sweet Home Study,” which examined the economic impact of supporting independent home improvement retailers as opposed to national home center chains. …

The North American Retail Hardware Association (NRHA) is pleased to announce that Do it Best Corp., headquartered in Fort Wayne, Indiana, will be sponsoring two scholarships to help Do it Best member-owners participate in NRHA’s Retail Management Certification Program. The …

Amazon doesn’t just sell products anymore. The online marketplace has branched out and now sells services, including electrical and plumbing work, home repairs and gutter cleaning. “Amazon Home Services features handpicked pros offering upfront pricing on pre-packaged services with helpful reviews from customers that …

Lumber Liquidators is facing a blitz of lawsuits related to accusations that some of the company’s laminated flooring contains unsafe quantities of formaldehyde. CBS reported March 1 that the flooring company sold laminate flooring with higher levels of formaldehyde than permitted by California’s …