To view a PDF of this story, click here. Visit hardwareretailing.com/peer-critique for a critique sheet and hardwareretailing.com/store-tours for a tour of the two different stores. The partnerships started as a pact between three California retailers who knew each other through their co-op. The store …
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True Value Company announced today that Busy Beaver Home Improvement Centers has joined the co-op as its newest member. “We’re thrilled for our customers and associates that Busy Beaver will now partner with True Value,” Busy Beaver CEO Joe Kallen says. …
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Ace’s revenue growth was fresh news at the Ace Hardware Fall 2015 Convention, but CEO and president John Venhuizen offered a warning to retailers: don’t get comfortable. On Wednesday, the cooperative reported revenue growth of 6.5 percent in its second quarter. …
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Ace Hardware Corporation reported second quarter 2015 revenues of $1.4 billion, an increase of $86.2 million or 6.5 percent from the second quarter of 2014. Net income was $57.5 million for the second quarter of 2015, a decrease of $9.0 …
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True Value Company saw revenue and comparable store sales increase in the second quarter of 2015. Retail comparable store sales were up 2.3 percent in the quarter and 3.5 percent year to date, with growth throughout the U.S. and in all of …
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Ace Hardware is in the top 25 percent of fastest-growing retailers in the U.S., according to the National Retail Federation. Ace, which is headquartered in Oak Brook, Illinois, ranked No. 24 for year-over-year domestic sales growth on the Hot 100 Retailers 2015 list, which the retail trade association …
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Do it Best Corp. has announced that current president and CEO Bob Taylor will retire effective Jan. 4, and Dan Starr, the co-op’s current executive vice president and chief operating officer, will succeed Taylor in the position. Taylor has spent more …
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A Sears spinoff company is actively recruiting independent hardware stores and lumberyards to open Sears-branded space within their businesses for selling appliances and lawn and garden equipment. The company, Sears Hometown and Outlet Stores, requires that each independent business dedicate at least …
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