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Home Depot’s Same-Store Sales Jump in Second Quarter

The recovering housing market coupled with rebounding sales in seasonal categories contributed to Home Depot’s U.S. comparable-store sales increasing by a double-digit percentage in the second quarter, the company said. Comparable-store sales for the second quarter of fiscal 2013 were ... Read More »

Chattanooga to be Site of House-Hasson Hardware Fall Show

House-Hasson Hardware’s 2013 fall product show is scheduled to take place Oct. 17-19 at the Chattanooga Convention Center in Chattanooga, Tenn., an event which will bring up to 2,000 visitors to the city, according to the distributor. House-Hasson Hardware President ... Read More »

How to Respond to Fundraiser Requests

When you get a request for help, don’t hang up the phone just because you don’t think the organization is big enough to be relevant to you. While you can’t help everyone, it’s important to be slow to say no ... Read More »

Handy Hardware Holds First Post-Bankruptcy Market

This week, Handy Hardware welcomed retailers and manufacturers to its first buying market since Littlejohn & Co., a Connecticut-based investment firm, acquired the Texas-based distributor out of bankruptcy. The Fall Buying Market is taking place in San Antonio and runs ... Read More »

Rona’s Comp-Store Sales Down in Second Quarter

Canadian home-improvement retailer Rona Inc. reported a drop in same-store sales for the second quarter due to “relatively difficult market conditions” and several store closures, according to the company. The retailer’s same-store sales were down 1.0 percent, due to a ... Read More »

Ace’s Same-Store Sales Up in Second Quarter

Ace Hardware reported total revenues of $1.2 billion for the second quarter, up 9.7 percent from the same period last year, which the co-op attributes to sales increases “in virtually every department” at both the wholesale and retail levels. Same-store ... Read More »

Stock Building Supply Closes Initial Public Offering

Stock Building Supply closed its previously announced underwritten initial public offering of 7 million shares of its common stock at a price to the public of $14 per share. The company sold 4,411,765 shares and certain selling stockholders sold 2,588,235 ... Read More »

Overall Retail Sales Up, Building Materials Sales Down in July

July retail sales (excluding automobiles, gas stations and restaurants) increased 0.3 percent seasonally adjusted from June, but declined in home-based categories, including building materials and furniture stores, according to the National Retail Federation. July retail sales, released today by the ... Read More »