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Sales Continue to Rise for Home Depot and Lowe’s

Rise

Last week, big box retailers Home Depot and Lowe’s both announced their fourth-quarter revenues with sales growth that suggests consumers are increasingly spending money on home improvement purchases. Read the following articles for more details on the companies’ financial performance: Home Depot’s …

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Industry Provides $76,000 for Retail Management Certification Program

Industry

Industry manufacturers and distributors are collectively providing more than $76,000 in scholarship funds to pay part of the cost for 13 retailers to attend the North American Retail Hardware Association’s (NRHA) Retail Management Certification Program this spring. A panel comprised of members of NRHA’s Retail Leadership …

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Fab Labs: Workspaces for the Creative DIYer

Fab Labs

Here is a way to promote DIY projects that you may want to investigate: Fab Labs. The concept is part of a movement to provide everyday people, often in lower-income areas of the U.S., with access to laboratories for tinkering …

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Existing-Home Sales Increase in January

consumer confidence

In January, existing-home sales increased to the highest annual rate in six months, and subpar supply levels propelled price growth to the fastest increase since last April, according to the National Association of Realtors® (NAR). The West was the only …

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Ace Hardware Announces Record-Breaking 2015

Ace Hardware

Ace Hardware Corporation today reported fiscal 2015 revenues of $5 billion, an increase of $344.5 million or 7.3 percent from fiscal 2014. Additionally, fiscal 2015 consisted of 52 weeks, compared to 53 weeks in fiscal 2014. Despite one less week …

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Lowe’s Fourth Quarter Sales Higher than Expected

Lowe's

Lowe’s Companies today reported a better-than-expected rise in fourth quarter sales, which the company suggested is due to an improving housing market and warmer winter weather. The announcement comes the day after Home Depot also announced better-than-expected sales. While Lowe’s still trails behind its …

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