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Ace Posts Positive Earnings in Third Quarter

Ace Hardware reported total revenues of $1 billion for the third quarter, an increase of $84.4 million or 8.9 percent from the same period last year. Net income showed no gain in comparison to the same quarter last year, coming …

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Rona Revenues Down in Third Quarter

Canadian home improvement retailer Rona Inc. reported a decline in same-store sales for the third quarter due “relatively unfavorable market conditions during the quarter,” according to the company. The retailer reported revenues from continuing operations of about $1.17 billion in the …

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Make Plans to Give Back this Holiday Season

The holiday season is fast approaching, and for many people, this time is all about giving to others. Donating time and materials to a local charity or hosting a fundraiser in your store shows your customers you support the community …

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Home Depot Issues Apology for ‘Stupid, Offensive’ Tweet

Home Depot has fired an outside agency that created what it called a “stupid and offensive” ESPN College GameDay photo tweet that featured two African-Americans and an individual dressed as a monkey, with two beating drums, according to the Atlanta …

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Job Numbers Nudge Higher

The U.S. Bureau of Labor Statistics reported a slight gain in the number of nonfarm payroll positions for the month of October and little change in the unemployment rate, which remained steady at 7.3 percent. Industries that saw job growth …

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Survey: Independent Retailers Increasing Small Business Saturday Promotions

With five fewer shopping days between Thanksgiving and Christmas, many small business owners say they’ll be ramping up efforts to get customers into stores during the holiday shopping season. According to the second annual Small Business Saturday Insights Survey, recently …

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True Value Shakes Up Leadership Team

True Value announced today the restructuring of its supply chain, logistics and global distribution network and the addition of three new executives to its leadership team. The move was spurred by the company’s strategic goals to increase profitability for existing …

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2013 Trends in Builders’ Hardware

When it comes to being successful selling builders’ hardware, it is important your employees understand and embrace the category’s somewhat split personality. On one hand, builders’ hardware is one of the most dynamic, fashion-forward categories found in home improvement stores, …

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