Hardware store chains: new interest in an old format

Article Abstract:

Mid-sized hardware store chains are planning to return to the old format to stay profitable in the home improvement market divided between large, warehouse centers focusing on price and small hardware stores focusing on convenience. Many hardware store chains are focusing on the convenience factor to better meet their customers' needs. Location of hardware stores in convenient places such as neighborhood shopping malls will help them better compete with the bog boxes in the home improvement market.

Retail Store Chains, Market share, Chain stores

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Insider stealing: how to fight employee theft

Article Abstract:

Common sense policies buttressed by high-technology in-store systems are being used by many hardware stores to combat employee theft. That is just part of an efficient way for stores to ensure that their employees to not contribute to a malaise that has been described at the number-one concern for retailers. National Retail Federation executive Bruce Van Kleeck notes that employee thefts can lead to major losses because they are hard to detect.

Safety and security measures, Employee crimes

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Cadillac (Ace) man: Detroit businessman Sam Yono is bringing hardware back to the Motor City

Article Abstract:

Cadillac Ace Hardware owner Sam Yono plans to open 15 Cadillac Ace locations in Detroit, MI. Yono bought the first Cadillac Ace Hardware store in Detroit after he realized that there were hardly any hardware stores in the city. He says that he expects the stores, which will average 10,00 sq ft and carry 25,000 items, to generate between $2 million and $2.5 million a year.

Yono, Sam, Cadillac Ace Hardware

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