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Tag Archives: slider

Home Depot CEO: Homeowners Are Investing

Home Depot homeowners

Homeowners are living in their houses longer than in the past, home values are increasing and millennials are forming their own households—all good news for Home Depot, according to CEO Craig Menear. “All of those have actually helped our business. I …

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Walmart Buys Online Retailer for $3 Billion

Jet

Today, Wal-Mart Stores, Inc. announced that it has entered into a definitive agreement to acquire online retailer Jet for $3 billion in cash. In addition, $300 million of Walmart shares will be paid over time as part of the transaction. The purchase …

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Orgill to Grow With Idaho Distribution Center

Idaho

This week, Orgill Inc. announced plans to expand upon its network of distribution facilities with the addition of an approximately half-million-square-foot distribution center located in Post Falls, Idaho. Orgill has signed an agreement to acquire the facility and is expecting …

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True Value Reports Growing Sales in Q2

sales

This week, True Value Company announced its second quarter results for fiscal 2016, with gross billings of $585.1 million, up 2 percent or $11.4 million from the same period a year ago. The company also reported revenue of $438.7 million, …

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Moving Forward With World and Main Market

The World and Main Fall Market last week presented retailers with opportunities to connect with each other, meet with vendors and buy products at special prices. The buying show, which is World and Main’s first Houston market since retiring the Handy Hardware name and branding in January, …

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Hardware Business Surpasses 170 Years of Service

170 years

When John L. Clark opened Clark’s Farm Supplies in 1845, he likely had no inkling that his family would continue to supply the Ellicott City, Maryland, community with quality products and project advice nearly two centuries later. Now known as Clarks Ace …

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Store Cashing in on ‘Pokemon Go’ Craze

Pokemon Go

The mural on the side of Maxbauer Ace Hardware depicts Traverse City, Michigan—but when “Pokemon Go” players go to the store, they see a digital cartoon character on the wall. And that’s OK with the staff at Maxbauer Ace. When …

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