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Ace Hardware Acquires Emery-Waterhouse

Ace Hardware announced today it has acquired Emery-Waterhouse, a 170-year-old distributor of hardlines products for independent lumber, paint, industrial and hardware outlets throughout the Northeast. Emery-Waterhouse will move forward as an independently operated, majority-owned subsidiary of Ace Hardware. The Emery-Waterhouse ... Read More »

Ace Reports Record 2013 Sales, Profit Increases

Ace Hardware reported total fiscal 2013 revenues of $4.2 billion, an increase of $313.3 million or 8.2 percent. Net income was $104.5 million for fiscal 2013, an increase of $22.7 million or 27.8 percent, compared to $81.8 million in fiscal ... Read More »

RONA Inc. Reports Declines in Fiscal Year and Fourth Quarter 2013 Earnings

Canadian home improvement retailer RONA Inc. reported a decline in same-store sales and revenues in the fourth quarter 2013 and fiscal 2013 overall, a result of the “closure of the company’s underperforming stores and the difficult market conditions throughout the ... Read More »

Who’s Buying Houses? A Quick Look at Some Emerging Demographics

It’s an age-old tale: A new customer comes into your store and you find out he’s renting an apartment nearby. A couple of years later, he’s in the store buying paint and fixtures for his starter home. Down the road, ... Read More »

January Retail Sales Flat Due to Severe Winter Weather

January retail sales, excluding automobiles, gas stations and restaurants, were flat seasonally adjusted month-to-month due in part to severe winter weather in much of the country, according to the National Retail Federation. “Following a solid holiday sales season, it seems ... Read More »

Five Business Lessons Independent Retailers Can Take Away from Sochi Olympics

It comes only every two years, and, as many of us have over the last few nights, we have spent time enamored by the amazing feats of athleticism displayed by the athletes at the Olympics. These athletes display such an ... Read More »

Plumbing and Electrical Store Introduced at Handy Hardware Spring Market

Handy Hardware introduced its new Plumbing and Electrical Store at its Spring Market, held Feb. 13-15 in Houston. The Plumbing and Electrical Store offered more than 1,000 planograms from key suppliers and allowed dealers the opportunity to better understand new ... Read More »

Monroe Hardware Spring Dealer Market Exceeds Expectations

Attendance at the Monroe Hardware Spring Dealer Market at the Cabarrus Arena and Events Center in Concord, NC, surpassed previous records. The convention staff had to scramble to handle overflow at the annual breakfast buying bonanza and Keith Driscoll, director ... Read More »