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Tag Archives: financials

Walmart Canada and Visa Conflict Continues

Walmart Canada

Customers shopping at Walmart Canada stores in the Manitoba province will soon see change in payment options. Visa credit cards will no longer be accepted at the 16 locations. The boycott officially begins Oct. 24. Walmart spokesman Randy Hargrove announced the big-box’s decision, stating …

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The Personal Side of Selling Your Business

personal

Owning a local business is about much more than making a sale. As an owner, your business is a deeply ingrained and even personal part of your life. While that passion sets your business apart, it can also cause problems when …

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Sears Is Getting Back in the Paint Business

After four years’ absence from the market, Sears has decided to go back to selling paint. The company announced the plan earlier this week, shortly after reporting a drop in net sales in the second quarter, according to an article from …

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Quarterly Earnings Up for Big Boxes, Ace

Rise

The Home Depot, Lowe’s and Ace Hardware each recently released their quarterly earnings reports for the second quarter of 2016, and all three showed sales growth. Ace Hardware Corp. reported both revenue and net income growth, posting the second highest net income …

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Lowe’s Q2 Earnings Show Growth

Lowe's

Lowe’s on Aug. 17 reported earnings and sales growth for the second quarter of 2016. The company’s net earnings rose 3.7 percent above the same period a year ago, reaching $1.2 billion for the quarter that ended July 29. Sales …

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Ace Hardware Reports Income Growth in Q2

Ace Hardware

Ace Hardware Corp. today reported both revenue and net income growth for the second quarter of 2016. The home improvement co-op’s second-quarter 2016 revenues were $1.4 billion, a 0.6 percent increase from the second quarter of 2015.  Net income for the period was …

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Home Depot Reports Strong Quarterly Sales

Home Depot

The Home Depot hit record-high sales and net earnings in the second quarter of 2016. The big box’s total second-quarter sales were $25.5 billion, a 6.6 percent increase from the second quarter of 2015, the company reported Aug. 16. Comparable sales …

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True Value Reports Growing Sales in Q2

sales

This week, True Value Company announced its second quarter results for fiscal 2016, with gross billings of $585.1 million, up 2 percent or $11.4 million from the same period a year ago. The company also reported revenue of $438.7 million, …

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