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Hardware Stores

  • Ace Hardware net income soars in Q2

    Oak Brook, Ill. – Net income at Ace Hardware Corp. rose 57% to $66.5 million, from $24.2 million. Revenues climbed 13% to $1.33 billion, from $1.17 billion.

  • Calloway’s Nursery names VP marketing

    Fort Worth, Texas -- Calloway’s Nursery has named Alicia Hicks as VP marketing, effective Aug. 5. Hicks formerly served as Calloway's director of retail marketing.

    With her promotion, Hicks will oversee marketing for all aspects of Calloway's Nursery, which includes 17 Calloway's Nursery locations in Dallas/Fort Worth, as well as two Cornelius Nursery locations in Houston. She will develop strategic marketing plans and customer experience initiatives for both Calloway's and Cornelius brands across all retail locations.

  • Ace Hardware to join Spring Creek Village

    Dallas — Venture Commercial, an X Team International partner, has completed a lease to bring a 16,000-sq.-ft. Ace Hardware store to Spring Creek Village, located at 7989 Belt Line Road on the northwest corner of Belt Line and Coit Road in north Dallas. 

    Ace Hardware joins other Spring Creek tenants Just Fitness, Polly DuPont, Citi Bank, and Black-Eyed-Pea.

  • True Value net margin drops in Q2

    Chicago – True Value Company posted a quarterly net margin of $23.2 million, down 2.5% compared to $23.8 million the prior year period in the second quarter of fiscal 2014. Revenue was $429.5 million, an increase of 4.5% from $411.2 million for the same period a year ago.

    Same-store sales rose 4.2%. True Value Company’s expanded farm, ranch, automotive and pet product assortments, plus seasonal and plumbing categories, drove the majority of sales increases.

  • Lowe’s launches on-demand professional delivery service

    Mooresville, N.C. – Lowe’s has launched ProExpress, an on-demand delivery service for professional customers. Since April 2014, light-duty trucks have made thousands of deliveries directly to business sites to meet a wide range of needs.

    Through the program, Lowe's has helped pros by fulfilling emergency orders such as smoke detectors to pass an inspection, or shingles to complete a job before a damaging storm. The ProExpress trucks also regularly visit businesses to restock shelves with cleaning and maintenance supplies. 

  • Tuesday Morning appoints Advance Auto vet to board

    Dallas -- Tuesday Morning Corp. has named Jim Wade, a 35-year retail veteran, as an independent member of the company's board of directors, effective immediately. He will serve on the company's Audit Committee.

    Wade currently serves on the board of directors and Finance Committee for Advance Auto Parts Inc. He first joined Advance Auto Parts in 1994 as treasurer, and retired as president in 2011 with responsibilities including store operations and both the DIY and commercial businesses.  

  • Lumber Liquidators cuts store openings, fiscal outlook on poor Q2 sales

    Toano, Va. – Lumber Liquidators reported a 7.1% decline in same-store sales and reduced its outlook for new store openings and earnings in a business update for the second quarter of fiscal 2014. Net sales for the quarter grew 2.3% to $263.1 million, from $257.1 million in the second quarter of 2013, well below Wall Street estimates of $303 million.

  • LED Luminaires Solve Three Common Retail Lighting Challenges

    By Ryan Ramaker, Acuity Brands

    LED lighting is a growing trend in buildings today and with very good reason. It delivers significant energy savings compared to traditional light sources, and the illumination, lifespan and color qualities of LEDs continue to impress.  
       
    But there are also additional benefits that are often overlooked. Quality LED illumination can help retailers solve some of the most common retail lighting problems. Here are the top three:

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