Lowe’s reported sales increases for its fourth quarter of 2014, as well as for the fiscal year. The year’s sales were $56.2 billion, a 5.3-percent increase from 2013. Fourth-quarter sales totaled $12.5 billion, which was an increase of 7.3 percent from the …
Read More »Kate Klein
Creative Transportation Doubles as Mobile Advertising for Store
Rick Alspaugh needed a solution to his Texas store’s overflowing parking lot, and building a parking garage didn’t make financial sense. As the problem worsened, a neighboring business was turning Alspaugh Ace Hardware’s customers away so its own tenants had space for parking. Some …
Read More »January Home Construction Up Year Over Year
Construction started on more homes in January than in the same month a year ago. The U.S. saw 1.07 million new housing starts in January, an increase of about 19 percent from January 2014, according to data from the National Association …
Read More »Turning Merchandising Into Offbeat Art
Get creative with your window merchandising. Can you turn your windows into eye-catching, offbeat art? Independent home improvement stores in San Francisco decked out their window displays for Valentine’s Day this month – and they weren’t showcasing chocolate and roses. The …
Read More »Ace Launches Express Delivery to Homes, Other Sites
For a $5 fee, nearly three dozen Ace Hardware stores in the U.S. are sending employees to deliver online orders to customers’ homes, businesses and job sites. Ace launched its Express Delivery pilot program earlier this year at 33 stores in Arizona, Colorado, …
Read More »From Forbes: Ace Hardware CEO, Retailer Explain Success
In its March 2 issue, Forbes magazine recognizes Ace Hardware as a business success story and highlights a thriving chain of Ace stores. Ace is now a $4.7 billion co-op with thousands of locally owned stores, despite massive changes to retail such as the …
Read More »Target Canada Quells Push to Declare Bankruptcy
Target Canada has stopped a campaign pressuring the retailer to declare bankruptcy as it closes down its Canadian operations. As part of exiting the country, Target Canada is working to sell leases, valued at up to $2 billion, on the buildings where the stores are …
Read More »Simpson Strong-Tie Hosts Field Trips
A construction product manufacturer recently hosted 60 school girls for day-long field trips as part of a program that works to inspire young women to explore traditionally male-dominated career fields. Simpson Strong-Tie of Pleasanton, California, gave the girls the opportunity to …
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