Orchard Supply Hardware, a hardware and garden chain with 99 locations in California, Oregon and Florida, will close nationwide by the end of fiscal year 2018, parent company Lowe’s confirms in its second-quarter 2018 financial results. In the earnings report, …
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Ace Hardware on Getting ‘Faster Than Amazon’
The Ace Hardware Fall 2018 Convention & Exhibits started Thursday with stories of retailers’ successes and generosity—and a promise from president and CEO John Venhuizen to improve the co-op’s logistics performance. Venhuizen spoke at the convention’s general session, which kicked …
Read More »Sears CEO Makes Proposal to Buy Kenmore Brand
ESL Investments, the hedge fund operated by Sears Holding Corp.’s CEO Edward Lampert, has made a formal bid to purchase the Kenmore brand from Sears, the Chicago Tribune reports. Earlier this year, it was reported that Sears was mulling the …
Read More »Independent Garden Center Show Inspires and Educates Attendees
From Aug. 14-16, thousands of vendors and retailers from a variety of independent retail backgrounds gathered to attend educational events, network with others and discover the latest products in the lawn and garden category at the Independent Garden Center Show (IGC) …
Read More »New Jersey Retailer Opens Mini-UPS Store in Home Center
Printing, copying and shipping weren’t services Colmar Home Center offered a year ago, but that’s changed. Owner Michael Collins’ customers told him they had a need, and he realized a small store inside of his existing business could solve the …
Read More »Home Depot Q2 Earnings Show Higher Sales, Increase in Online Shopping
The Home Depot today announced its second-quarter 2018 financial results, citing sales increases due to a boost in activity among DIYers and contractors. The big-box home improvement chain earned $30.5 billion in sales during the second quarter of fiscal 2018, which …
Read More »Can You Name That Old Tool?
The North American Retail Hardware Association (NRHA) has an interesting collection of old tools displayed throughout its Indianapolis headquarters. Some of the items may look familiar, and others may be completely new to your eyes. Can you tell what the …
Read More »SBA Accepting Nominations for 2019 Small Business Week Awards
The U.S. Small Business Administration (SBA) is now accepting nominations for its 2019 National Small Business Week Awards, including the annual Small Business Person of the Year. “Since 1963, National Small Business Week has recognized the outstanding achievements of America’s …
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