True Value Company announced today that Busy Beaver Home Improvement Centers has joined the co-op as its newest member. “We’re thrilled for our customers and associates that Busy Beaver will now partner with True Value,” Busy Beaver CEO Joe Kallen says. …
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Ace’s revenue growth was fresh news at the Ace Hardware Fall 2015 Convention, but CEO and president John Venhuizen offered a warning to retailers: don’t get comfortable. On Wednesday, the cooperative reported revenue growth of 6.5 percent in its second quarter. …
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Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …
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True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …
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Canada’s TIM-BR MART Group has announced the sale of the hardlines assets of its distribution arm, Chalifour Canada Ltd., to Orgill Canada Hardlines, ULC, a wholly owned, Canadian-based subsidiary of Orgill, Inc. “The strategic alliance resulting from this transaction will …
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In a move that will increase its retail store count by more than 30 percent, Central Network Retail Group, LLC (CNRG) has acquired Marvin’s, an Alabama-based home center chain. Marvin’s operates 28 home center locations throughout Alabama, Mississippi, Georgia, and …
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Consumers are moving back to large metropolitan areas, and big-box retailers are scrambling to join them. Lowe’s is next in line, with two new stores planned for New York City. In less than two weeks, Lowe’s will open a store on the corner …
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Do it Best Corp. has announced that current president and CEO Bob Taylor will retire effective Jan. 4, and Dan Starr, the co-op’s current executive vice president and chief operating officer, will succeed Taylor in the position. Taylor has spent more …
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