Home Improvement

Brentwood, Tenn. -- Tractor Supply Co. reported an 11% rise in profit for the quarter ended March 29, to $48.8 million from $44 million last year.

Revenue rose 9% to $1.18 billion, and same-store sales increased 2.2% versus a 0.5% increase in the prior year period.

For the full year, the company said it expects capital expenditures to range between $240 million and $250 million, including spending to support 102 to 106 new store openings and construction of the new Store Support Center to open in 2014.

Hoffman Estates, Ill. - Sears Hometown and Outlet Stores Inc. has remodeled a Sears Hometown store in Helena, Mont. The store now has a fresh look.

Grand Forks, N.D. -- Acme Tools, an authorized online retailer of tools and equipment, is launching a new mobile version of AcmeTools.com for online customers using smartphones. Developed by BlueSky Technology Partners, the new mobile platform leverages Acme Tools' ongoing investment in IBM WebSphere Commerce to deliver a seamless online shopping experience.

Hoffman Estates, Ill. -- The Michigan Small Business Development Center is honoring a Sears Appliance & Hardware store located in Big Rapids, Mich., with its 2013 Best Small Business Award for creating jobs, increasing sales and improving business strategy. The retailer was one of a dozen stores chosen from more than 5,500 small businesses throughout the state that the Michigan Small Business Development Center provided confidential counseling and training to in 2013.

Washington, D.C. -- Lowe's Home Centers has agreed to pay a $500,000 civil penalty for violating federal rules governing lead paint exposure, the Environmental Protection Agency said on Thursday.  

The chain will also implement a comprehensive, corporate-wide compliance program at its over 1,700 stores nationwide to ensure that the contractors it hires to perform work minimize lead dust from home renovation activities, as required by the federal Lead Renovation, Repair, and Painting (RRP) Rule.

New York -- Chain Store Age and IFTI will present a free webinar on moisture-related flooring problems on Thursday, April 24, at 2 p.m. ET. Industry expert Lee Eliseian will share insights on the critical role concrete-slab moisture testing plays in preventing flooring failures and offer tips on how to avoid the financial impact and headache of such failures.

Click here for more information and to register.

Hoffman Estates, Ill. – Several Sears Outlet stores across the country have new owners. Locations in Oceanside, Ontario, and Corona, Calif., are now owned by Tony Lutfi. Lutfi and his team now own and operate 11 Sears Outlet stores, 17 Sears Home Appliance Showrooms and three Sears Appliance & Hardware Stores.

In addition, Sears Outlet stores Tempe and Gilbert, Ariz. have a new owner, Keith Edquist. Edquist also owns another Sears Outlet store and seven Sears Home Appliance Showrooms.

Phoenix — Leslie’s Poolmart has announced plans to open 22 retail locations across the country on April 11. The new stores will open in these cities:

• Gilbert and Tucson, Ariz.
• Anaheim, Corona, Costa Mesa, Menifee, Riverside and Sylmar, Calif.
• Bradenton, Clearwater and Punta Gorda, Fla.
• Marietta and Snellville, Ga.
• Mishawaka, Ind.
• Houma and Lake Charles, La.
• Mooresville, N.C.
• Miamisburg, Ohio
• Lancaster, Pa.