Housing affordability continued to fall across the country as the median price of single-family homes rose due to a continued lack of housing inventory, according to the latest National Association of REALTORS® Housing Affordability Index. The median single-family home price …
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Lowe’s reported net earnings of $624 million for the quarter ended May 2, 2014, a 15.6 percent increase over the same period a year ago. Diluted earnings per share increased 24.5 percent to $0.61 from $0.49 in the first quarter …
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Home Depot’s fiscal first-quarter net income jumped 12 percent as a key sales metric improved despite a slow start to the spring selling season due to bad weather but the company still missed both adjusted earnings and revenue expectations. The company reported first …
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I’m going to describe a recent experience I had, and I want you to guess where it took place. I walked in to the store and was greeted by an employee who guided me in the right direction for the …
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Home Hardware’s Board of Directors announced that Terry Davis, Executive Vice-President and Chief Operating Officer of Home Hardware Stores Limited, will become the new Chief Executive Officer, effective May 1, 2014. Davis succeeds current President and Chief Executive Officer, Paul Straus, who remains …
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Retailers representing countries including Sweden, Australia, the U.S. and more added store tours to their agendas for the International Hardware Fair today, the last day of the show. In hopes of seeing the trends and products they were seeing on …
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Messages emerging from the International Hardware Fair in Cologne, Germany, today shed light on potential changes occurring in the retail environment that could prove positive for independent home improvement retailers across the world. John Herbert, general secretary of the European …
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Attendance momentum continued to grow as the International Hardware Fair began its second day this morning in Cologne, Germany (with an estimated 55,000 people scheduled to attend). The theme of the day was clear to all who came—innovation. From the …
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