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Tag Archives: financials

True Value’s 2017 Financials Show Slight Revenue Decline

true value fall reunion

True Value Co. has released its final annual report as a cooperative, showing a slight revenue decline in 2017 from the year prior. In April, the company announced the sale of 70 percent of its stock to private-equity firm ACON Investments and …

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Sears Continues to See Dropping Sales and Revenue

Sears Holdings

Sears Holdings’ year-end financial results for 2017 reflect falling sales and revenue, continuing a pattern of dipping numbers for the retailer. Revenue for the company was $16.7 billion for the year, down from $22.1 billion in 2016, according to the …

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Participate in the 2018 Cost of Doing Business Study

2018 Cost of Doing Business study

The deadline to participate in the North American Retail Hardware Association’s (NRHA) 2018 Cost of Doing Business Study is June 30. Is your average transaction size normal? Do you spend more or less on advertising than other independent home improvement businesses? …

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Lowe’s Financial Results Reveal $68B in 2017 Sales

lowe's financial results

Lowe’s financial results, announced Feb. 28, indicate a mixed bag for the company. The home improvement retailer gave information on its fourth-quarter 2017 earnings and for the entire fiscal year. Lowe’s recorded $15.5 billion in sales in the fourth quarter …

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Home Depot Sees Sales and Earnings Increase in 2017

homee

The Home Depot’s sales and and net earnings rose in the last quarter of 2017, as well as during the full fiscal year. The company released its financial results Feb. 20, reporting $23.9 billion in sales for 2017’s fourth quarter, …

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Revenues, Same-Store Sales Up for Ace Hardware

Ace Hardware

Ace Hardware Corp. released its fourth-quarter and year-end financial results for 2017, showing increases in revenues and U.S. same-store sales. The home improvement cooperative saw fourth-quarter revenues of $1.3 billion, an increase of 6.8 percent from the same period in …

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Sears Layoffs Hit Corporate Workers

Sears

Sears recently laid off more than 200 corporate workers as part of “ongoing restructuring,” according to the Chicago Tribune. The layoffs “affected various business units and roles across the organization,” a Sears spokesman says in the Chicago Tribune article from Jan. 31. Sears …

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Amazon HQ2 Search Narrows to 20 Locations

amazon hq2

The search for Amazon’s second headquarters, known as HQ2, has narrowed to 20 North American locations, The New York Times reports. The retailer’s shortlist of possible HQ2 locations leans heavily on East Coast and Midwestern locations, with Los Angeles as …

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