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HR STOCK INDEX: The Year Starts Off with a Bang—But Not the Good Kind

After a robust and record-setting 2013, markets headed south in January. Stocks tanked when emerging markets fell overseas: A preliminary survey of a purchasing managers’ index of Chinese manufacturing dropped to 49.6, the lowest reading since July. Consumer sentiment dipped ... Read More »

Couple Takes on Small Projects with New Rental Homes

Chris Ryan and his wife, Jan, had always planned to turn their first home into a rental when they moved to a larger home as they watched the housing market collapse. “The market was down, and we didn’t want to ... Read More »

INDEPENDENT THINKING: Retail Training, Redefined

You’ve seen it—it can happen anywhere—at the airport service counter, in a restaurant or at the department store. You can just tell by the look in their eyes: you’re on your own; you might as well just keep moving along. ... Read More »

Retailer Builds Up Property Development in Local Community

Paul Gabbard hasn’t spent much time with a hammer. But he still has more than his fair share of construction knowledge. Gabbard, third-generation store owner of Malone Do it Best Lumber & Rental in Greenville, Ky., helped his father and ... Read More »

NRHA Introduces Redesigned Basic Training Course in Hardware Retailing

Remember your first day on the job? While some of you were sorting pipe fittings in the family hardware store as soon as you were old enough to walk, many of you remember the day you shook hands with the ... Read More »

Lowe’s Comp-Store Sales Up in Fourth Quarter

Lowe’s reported net earnings of $306 million for the quarter ended January 31, a 6.3 percent increase over the same period a year ago. For the fiscal year also ended January 31, net earnings increased 16.7 percent to $2.3 billion. ... Read More »

Ace Launches iPhone App, In-Store Pickup

Ace Hardware this week announced the launch of a mobile app for iPhone devices and the roll-out of in-store pickup to its retailers, a new feature that will allow customers to check their local store’s available inventory on acehardware.com, go ... Read More »

House-Hasson Winter Market Sales Foretell Strong 2014

Don Hasson, the president of House-Hasson Hardware, America’s largest independent regional hardware distributor, says sales increases at the company’s winter dealer market indicate 2014 will be a good year for hardware stores and lumberyards. He attributes some of this boost ... Read More »