Ace Sets Revenue Records For 2018
For the fiscal year of 2018, Ace Hardware set a record for revenues but saw lower profits as expenses rose.
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Home Depot Recognized For Environmental Initiatives
CDP, an environmental impact non-profit, has named The Home Depot to its Climate Change A List for the retailer’s actions to cut carbon emissions and mitigate climate risks.
Tractor Supply Promotes Barton To EVP/Chief Financial Officer
Tractor Supply Company has promoted Kurt Barton to evp/chief financial officer and treasurer.
Lowe’s To Host National Hiring Day
As the busiest season for home improvement projects approaches, Lowe’s will host its second annual National Hiring Day to hire more than 50,000 full-time, part-time and seasonal associates across its more than 1,700 U.S. stores.
Tractor Supply Company Reports Strong Q4 Sales Growth
Tractor Supply Company reported a strong fourth quarter and fiscal year ended December 29, 2018, with both net sales and income growing.
Ace Hardware Recognizes ‘Coolest’ Hardware Stores
Ace Hardware Corporation is recognizing two local Ace Hardware stores with the company’s eighth annual “Coolest Hardware Store” awards.
Lowe’s Teams Up With NFL
Lowe’s and the National Football League have formed a new partnership. Lowe’s is now the Official Home Improvement Retail Sponsor of the NFL.
Do It Best To Hold Spring Open Buying Day
Do it Best has set the date of its spring Open Buying Day as it continues to enhance the selection of potential products it offers to its member-owners from domestic and international vendors.
Lowe’s To Boost Workforce
Lowe’s plans to hire more than 65,000 associates this year to improve customer service and product availability. The move is said to support the growth strategy recently announced by the company’s leadership.
Tractor Supply Company To Reduce Carbon Emissions
Tractor Supply Company has a new goal to reduce carbon emissions from its facilities by 25% by 2025 from its 2015 baseline as a part of the company’s stewardship program.
Lowe’s Outlines Strategic Focus At Analyst Conference
Lowe’s recently discussed its strategic priorities and near- and long-term financial targets at its 2018 analyst and investor conference.
Lowe’s Opens Direct Fulfillment Center
Lowe’s has opened a new direct fulfillment center in Coopertown, just outside of Nashville, TN.
Ace Hardware Registers Q3 Store, E-Commerce Growth
Ace Hardware pointed to strong new store growth and its e-commerce initiatives in reporting an increase in revenues during the third quarter.
Lowe’s Cutting Costs In Q3
Lowe’s is continuing to undergo cost cutting moves under new CEO Marvin Ellison as it positions itself to focus on its core home improvement business.
Lowe’s Appoints Godbole Chief Information Officer
Lowe’s recently appointed Seemantini Godbole as chief information officer. Godbole previously served as senior vice president, digital and marketing technology, at Target.
Home Depot Beats Q3 Wall Street Earnings Expectations
The Home Depot exceeded Wall Street expectations in a third quarter when net earnings were $2.87 billion, or $2.51 per diluted share, versus $2.17 billion, or $1.84 per diluted share, in the year-previous quarter.
Do It Best Promotes Markley, Johnson
Do it Best Corp. has promoted Steve Markley, formerly vp/merchandising, to evp/operations while William Johnson, previously a divisional merchandise manager, will advance into the role of vp/merchandising.
Home Depot Rolls Out Express Delivery Service
The Home Depot has rolled out express same-day and next-day local delivery for more than 20,000 of its most popular items to 35 major metro areas across the U.S.
Lowe’s Supports Hurricane Florence Relief Efforts
Lowe’s has committed $2 million to support relief efforts for associates, customers and communities in response to Hurricane Florence’s impact on the Southeast.
Home Depot Supports Disaster Relief Efforts
The Home Depot Foundation has increased its financial support to $3 million for relief efforts and communities impacted by recent disasters, including Hurricane Florence, Olivia, the California wildfires and flooding in the Midwest.