Save the date for the 2020 Fall Convention - October 19-22 in Orlando!
Save the date for the 2020 Fall Convention - October 19-22 in Orlando!
Save the date for the 2020 Fall Convention - October 19-22 in Orlando!
June 29, 2020
To paraphrase Bob Dylan (formerly Robert Zimmerman, of Hibbing MN.) “the times, they are a-changin’” – and fast! The coronavirus has led to previously unimaginable changes in lifestyle. In a manner of mere hours, our homes became our offices and classrooms. The convenience of our densely populated cities suddenly became a liability, even a health hazard. And discretionary spending was halted, like a derailed freight train.
Some are predicting that there is no going back; to the cities that is. In a survey of 1,000 city dwellers conducted by Wall Street firm Jefferies, nearly a quarter (23%) said they were planning on relocating to suburbs in the next 18 months. Further they see this migration as a driving force that will cause renters to become homeowners, which will result in an increase in spending on home improvement.
It does not take advanced math to calculate the size of a suburban mortgage that a high-earning couple could take on, in lieu of nosebleed high apartment rent in our central cities. In fact, places like New York and San Francisco are going from property owner’s markets to renter’s markets due to the outflow.
•Record third quarter revenues of $2.0 billion, an increase of 30.7 percent from last year •U.S. same-store-sales up 28.9 percent; Acehardware.com revenues up 221 percent •Record third quarter net income…
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In life, making mistakes is inevitable; however, it is not the mistakes that define us but the lessons we learn and the choices we make in response to those…
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– Record revenues of $1.5 billion, an increase of 4.6 percent from last year – Net income, including one-time pre-tax charges of $7.8 million for our warehouse reconfiguration to support…
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October 3, 2010 | By Ken Clark The ability to bring instant credit to the sales floor of Ace Hardware stores is seen as a powerful new sales tool for…
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McGuckin Hardware is ending its 30-year partnership with the True Value co-op as of Dec. 31, 2016, and will start buying from the Ace Hardware co-op as of Jan. 1,…
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