Ace Hardware Corp. today reported both revenue and net income growth for the second quarter of 2016. The home improvement co-op’s second-quarter 2016 revenues were $1.4 billion, a 0.6 percent increase from the second quarter of 2015. Net income for the period was …
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The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …
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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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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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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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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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It started with learning how to conduct time studies and solder, morphed into lessons on team dynamics and production planning and ended with a robot building competition. Last week, STIHL Inc. hosted its fifth Annual Manufacturing Technology Summer Camp in …
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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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