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Ace Hardware Reports Revenue Growth in Q2

Ace Hardware

Ace Hardware Corp. today reported an increase in revenue over the previous year for the second quarter of 2017. The co-op’s second-quarter 2017 revenues were $1.5 billion, an increase of $66 million, or 4.6 percent, over the second quarter of 2016, which is …

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Lowe’s Layoffs Hit Another Department — Delivery

Croom

Lowe’s is continuing to reduce its U.S. staff, confirming Aug. 3 layoffs of  “an undisclosed number of delivery workers nationwide” and the outsourcing of their work, The Charlotte Observer reports. Lowe’s, which is headquartered near Charlotte in Mooreseville, North Carolina, told the Charlotte newspaper that the latest …

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Sears to Sell Smart Appliances on Amazon

appliances

Sears announced Thursday that it will begin selling Kenmore appliances on Amazon that feature Amazon’s smart home assistant Alexa, reports the Chicago Tribune. According to the article, Sears will sell Kenmore appliances that can be operated using Alexa’s voice-activation capabilities. …

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Home Depot Buys Power Equipment Company for $265M

The Home Depot has announced an agreement to purchase Compact Power Equipment Inc., a national provider of equipment rental and maintenance services, for $265 million in cash. The transaction, which Home Depot confirmed July 6, is expected to close by the …

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