Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter …
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The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …
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Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …
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Independent retailers gathered in Washington, D.C., to discover new products, attend educational sessions, learn about marketing opportunities and network with industry peers at the True Value Spring Reunion. The day before the buying show began, retailers were invited to attend …
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The North American Retail Hardware Association (NRHA) has released the only in-depth, industry-specific study on employee compensation. The new 2017 Employee Compensation Report is a benchmarking tool for independent home improvement retailers to use for general guidance as they assess their payroll …
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Walmart is planning to slash more than 1,000 corporate jobs this month, The Wall Street Journal reports. The news comes shortly after the big-box retailer announced plans to raise its hourly minimum wage and close 63 Sam’s Club locations. “We’ve …
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Thousands of people from around the world gathered in New York this weekend at the National Retail Federation’s (NRF) annual industry event to focus on the ever-changing retail landscape and how retailers can keep up. The trade association’s 107th annual …
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Walmart unexpectedly announced it is closing 63 Sam’s Club locations across the U.S., potentially impacting up to 11,000 workers, Business Insider reports. According to Business Insider, many employees were unaware of the store closures until showing up for shifts to …
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