United Hardware held its June Buying Market this past weekend in Minneapolis, where retailers browsed new items, shopped for promotional deals and learned about new programs. Hardware Retailing had the opportunity to sit down with United Hardware president and CEO …
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Millennials are still shopping at brick-and-mortar stores, including Home Depot, despite their increasingly online lives, according to recent research from Nuestar Inc. About 48 percent of the millennials studied recently shopped at Home Depot, and 64 percent had shopped at Target within …
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Amazon has been making moves, such as testing drones and offering two-hour delivery in three markets, to speed up the delivery of products ordered online, and is now offering same-day delivery benefits for free to certain customers in 14 metro areas. Amazon Prime …
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The China National Hardware Association is planning its fall show, which is an international exhibiting platform for the home improvement industry that connects buyers and manufacturers from across the globe. The China International Hardware Show is scheduled for Oct. 21-23 in Shanghai, …
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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, …
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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 …
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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 …
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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, …
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