Ace Says Weather Dampened Q1 Sales

Ace Says Weather Dampened Q1 Sales

Unseasonable weather was a contributing factor to the first sales and profit decline at Ace Hardware Corp. in more than six years, the cooperative asserted. In the first quarter, Ace recorded net income of $66.2 million, a decrease of 44.7% or $53.6 million, from the...
NRF: Retail Sales Make April Comeback

NRF: Retail Sales Make April Comeback

Retail sales regained momentum in April with both month-over-month and year-over-year growth, according to the National Retail Federation. The United States Census Bureau today said overall April retail sales were up 0.4% from March and 1.6% year over year. In March,...