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Hardware Stores

  • Lawns and cooking drive True Value Q2 performance

    Chicago - Lawn fertilizer, grass and weed killer, and propane grills were the top three categories driving small-scale growth at True Value Co. during the second quarter of fiscal 2015.

    The company reported gross billings of $573.6 million for the quarter ended July 4, up 1% from the same period a year ago. Revenue was $431.9 million, an increase of 0.6% or $2.4 million. The cooperative posted a quarterly net margin of $9.3 million.

  • Lowe’s readies Manhattan debut with new store format

    Photo: At Broadway and 68th, a 30,000-sq.-ft. store takes shape.

    New York -- Lowe’s is giving an overhaul to its store format strategy when it makes its Manhattan debut on Aug. 17.

    The North Carolina-based retailer is set to open two stores in the Big Apple, with the first opening on the Upper West Side on Monday, and the second, in the city’s Chelsea neighborhood, in September.

  • Lowe's builds a new strategy with N.Y. stores

    Lowe’s is giving an overhaul to its store format strategy when it opens in New York City this week. 

  • Lumber Liquidators is hammered again

    The CEO of Lumber Liquidators Holdings Inc. pledged to get the company back on track after a flooring scandal led to another decline in revenue for the company.

  • Benjamin Moore opens new DC

    Montvale, N.J. -- Benjamin Moore has opened a 90,000-sq.-ft. state-of the-art distribution space in the Landover Logistics Center in Landover, Maryland.

    The new LEED-certified (Silver) center will accommodate expansion and enhance service in the fast-growing Mid-Atlantic and Southeast markets, as well as support distribution of an expanded line of Benjamin Moore & Co. latex products.

  • Lowe’s Canada to add 14 stores

    Toronto – Lowe’s Canada is in growth mode. In addition to completing the acquisition of 12 former Target sites, the company also plans to open two more locations in Ontario, which will bring its total store count to 54 from 40.

  • Lowe’s Canada keeps growing

    Lowe's Canada announced that in addition to completing the acquisition of 12 former Target sites, the company also plans to open two more locations in Ontario. Construction is currently underway in Ancaster and Mississauga, representing an additional investment in excess of approximately $38 million (C$50 million.)

  • True colors: What a CFO needs to know about paint

    CSA: What is one of the first things a CFO should know when bidding out a paint project?         JG: There are many factors that go into a store remodel, and paint is one that is generally seen as a wholly separate line item in the construction specs. And with paint, the first thing people tend to think about is the cost of the paint itself.  
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