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Tag Archives: financials

Sears Canada Suggests ‘Significant Doubt’ About Future

Sears Canada

Sears Canada may be following in the footsteps of its former U.S. parent company, Sears Holdings. The Canadian company says it has “significant doubt” of its ability to continue operations, according to CNN. Sears Holdings used similar language regarding its ability to stay ... Read More »

How Does Your Business Compare to a High-Profit Store?

high-profit store

The differences between a high-profit home improvement store and a typical operation can be significant, according to facts from the North American Retail Hardware Association’s (NRHA) 2016 Cost of Doing Business Study. A high-profit home improvement store nets 9.2 percent profit ... Read More »

Small Business Owners Optimistic About Business Health

Small business owners across the U.S. have an optimistic outlook concerning their operations’ health, when considering plans to hire, their revenue expectations and plans to invest back into the business, according to a new report. The findings come from MetLife ... Read More »

True Value Reports Small Q1 Declines

sales results

This week, True Value Co. reported a decrease in both revenue and gross billings, citing unfavorable weather patterns that led to a decline in retail traffic for the first quarter. The co-op posted gross billings of $502 million through the ... Read More »

Sears Reports ‘Challenging Quarter’ With 20 Percent Loss

Sears

Sears Holdings Corp. reported a 20 percent year-over-year revenue loss in its first-quarter financial results, which the company attributed to having fewer operational stores. The struggling retailer also noted an 11.9 percent decline in comparable store sales. Kmart stores lost sales in ... Read More »

Lowe’s Reports Q1 Growth

Lowe's

Lowe’s reported growth in its first-quarter financial results for the year, which the company released Wednesday. The company’s first quarter ended May 5. The big-box home improvement retailer reported sales growth of 10.7 percent over the same period last year, ... Read More »

Target’s Q1 Results: ‘Strong’ in ‘Choppy’ Retail World

target

Target released its first-quarter financial results Wednesday, citing a comparable sales decline of 1.3 percent over sales in the first quarter of 2016. Target chairman and CEO Brian Cornell says the company performed better than expected in the first three ... Read More »

Ace Hardware’s Income Up, Store Traffic Down in First Quarter

Ace Hardware

Ace Hardware Corp. experienced increases in revenue and net income during the first quarter of 2017, as well as a slight dip in same-store sales. On May 17, the cooperative reported first-quarter 2017 revenue of $1.24 billion, which was an increase of 0.1 ... Read More »