Content about Hardlines

August 27, 2014

Electrolux has joined the AllSeen Alliance, a nonprofit open source consortium, as a premier member. The company joins Haier, LG, Microsoft, Panasonic, Qualcomm Connected Experiences, Sharp, Silicon Image, Technicolor and TP-Link as premier members of the alliance.

August 26, 2014

Ace Hardware is kicking off its J.D. Power Award Neighborhood Tour for the second year in a row. Recently ranked "Highest in Customer Satisfaction with Home Improvement Retail Stores" for the eighth year in a row by J.D. Power, Ace will celebrate the achievement by taking all eight J.D. Power trophies on the road, visiting 38 states and more than 175 neighborhood stores.

August 26, 2014

Online sales at Best Buy grew 22% in the second quarter to $581 million, but that wasn’t enough to offset weak sales and traffic trends at physical stores or prevent the company from forecasting similar declines in the third and fourth quarters.

August 25, 2014

PetSmart has partnered with the City of Sacramento to bring a portable, popup dog park to Sacramento. The dog park, which provides more than 9,000 sq. ft. of space for pet owners and their pets, is now open.

August 22, 2014

Hibbett Sports president and CEO Jeff Rosenthal said that comparable store sales for the second quarter ended Aug. 2 were softer than expected. However, he is encouraged by improvement in traffic in early August.

August 22, 2014

Solid performance of GameStop’s business units, including technology brands, as well as sales of new consoles and games bolstered the company’s profits and overall second quarter results.

August 22, 2014

A week after disclosing plans for a public stock offering, online retailer Wayfair has launched a commercial business that puts it in greater competition with the likes of Staples and Office Depot.

August 21, 2014

Aaron's has tapped EVP and CFO Gilbert L. Danielson as interim CEO, effective following the previously announced retirement of Ronald W. Allen August 31.

August 21, 2014

Dollar Tree delivered its 26th consecutive quarter of positive comparable store sales growth in the second quarter, but profit declined 2.6% thanks to increased freight costs and investments in higher-value products.

August 21, 2014

The Home Depot has named Craig Menear, currently president, U.S. retail, as CEO and president, effective November 1, and has elected him to the company's board of directors, effectively immediately. Current chairman and CEO Frank Blake will remain chairman.

August 20, 2014

A day after Home Depot reported strong second-quarter results, it was Lowe's turn to deliver strong quarterly earnings.

August 20, 2014

PetSmart is exploring strategic alternatives to maximize shareholder value, including a possible sale of the company. The news comes on the heels of its second quarter results, and just a little less than two months after activist investor Jana Partners acquired a 9.9% stake in the company and began looking to make changes.

August 20, 2014

Staples chairman and CEO Ron Sargent said that the company has more work to do to stabilize its retail business, following a 20% decline in net income to $81.88 million for the second quarter, from $102.53 million in the prior year.

August 19, 2014

A 6.4% second quarter same store sales increase at U.S. stores enabled Home Depot to handily exceed analysts’ profit estimates and prompted the company to increase its full year outlook.

August 19, 2014

Dick’s Sporting Goods overcame weakness in its golf and hunting businesses to generate much better than expected second quarter same store sales and made further inroads in e-commerce.

August 19, 2014

Toys“R”Us is teaming up with nine-time baseball All Star Albert Pujols for its yearly Toy Guide for Differently-Abled Kids. This year’s issue marks the 20th anniversary of the publication, which focuses on products sold in Toys“R”Us and Babies“R”Us stores that are good for special needs children’s development.

August 15, 2014

Office Depot is leveraging a new back-to-school shopping trend report to drive traffic to its stores this back-to-school season.

August 14, 2014

Advance Auto Parts demonstrated strength in its second quarter performance in one of the retail industry’s hottest sectors.

August 14, 2014

Staples Advantage, the business to business division of Staples, has launched a Technology Recycling Service, so businesses can recycle old electronics.

August 13, 2014

With heavy investment in its Paint Studio and a corresponding media blitz to promote it, wholesale sales at Ace Hardware Corp. jumped double digits in the second quarter.

August 13, 2014

Build-A-Bear Workshop has appointed Jennifer Kretchmar as chief product officer and innovation bear. She will report to CEO Sharon John.

August 12, 2014

Travis Smith is stepping down as Jo-Ann Fabric and Craft Stores’ president and CEO, effective immediately.

August 11, 2014

GameStop plans to offer customers more for their pre-owned video games with a new, streamlined trade-in program that will launch nationwide August 18.

August 11, 2014

Three executives were named to new roles at leading appliance and consumer electronics manufacturer Haier America.

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