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Tag Archives: financials

Participate in the 2018 Cost of Doing Business Study

2018 Cost of Doing Business study

The North American Retail Hardware Association (NRHA) is now collecting data for the 2018 Cost of Doing Business Study. Is your average transaction size normal? Do you spend more or less on advertising than other independent home improvement businesses? How ... Read More »

Lowe’s Financial Results Reveal $68B in 2017 Sales

lowe's financial results

Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter ... Read More »

Home Depot Sees Sales and Earnings Increase in 2017

Home Depot

The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, ... Read More »

Revenues, Same-Store Sales Up for Ace Hardware

Ace Hardware

Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in ... Read More »

Sears Layoffs Hit Corporate Workers


Sears recently laid off more than 200 corporate workers as part of “ongoing restructuring,” according to the Chicago Tribune. The layoffs “affected various business units and roles across the organization,” a Sears spokesman says in the Chicago Tribune article from Jan. 31. Sears ... Read More »

Amazon HQ2 Search Narrows to 20 Locations

amazon hq2

The search for Amazon’s second headquarters, known as HQ2, has narrowed to 20 North American locations, The New York Times reports. The retailer’s shortlist of possible HQ2 locations leans heavily on East Coast and Midwestern locations, with Los Angeles as ... Read More »

Comeback Plan: How 2 Retailers Took Their Stores From Bust to Boom

Click the image above to view a full PDF. Many entrepreneurs setting out to buy a business look for one that’s healthy, where risks are minimal and the probability for success is high. It’s a good, safe bet few would argue ... Read More »

Home Depot Readies $15B Share Buyback

share buyback

During its 2017 Investor and Analyst Conference, Home Depot’s board of directors announced plans to initiate a $15 billion share buyback program, Reuters reports. “Since 2002 and through the third quarter of fiscal 2017, [Home Depot] has returned approximately $73 ... Read More »