Ace Hardware is linked to Lowe’s pending purchase of Canadian home improvement company RONA, and the U.S. co-op plans to partner with Lowe’s as the big box expands in Canada. When Lowe’s closes a $2.3 billion deal to buy RONA this …
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Lowe’s recently got praise from reporter, business advisor and author Ian Altman writing for Forbes, who used the big box retailer as an example of how to get good customer service to last from the sale to the end of a product’s …
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About two years after a data breach exposed payment card information from more than 50 million of its customers, The Home Depot has announced plans to compensate some of the shoppers, according to Money magazine. The company will set up a $13 million fund to …
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The much-scrutinized Lumber Liquidators has appointed former Lowe’s executive Dennis R. Knowles as chief operating officer. The specialty flooring company has been under investigation since early 2015 due to accusations that some of its laminate flooring contained unsafe levels of formaldehyde. As part …
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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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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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The Home Depot today reported fourth-quarter and overall fiscal 2015 sales growth, crediting a recovering housing market among the reasons for the increases. Sales were $21 billion for the fourth quarter of 2015, for a 9.5 percent increase from the fourth quarter of …
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A partnership that Canadian company RONA made with Ace Hardware in 2014 is unchanged at this time, regardless of news that big-box giant Lowe’s is buying RONA. RONA’s TruServ division, which is a home improvement distributor and former co-op, recently …
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