HBSDaily

Describing its third-quarter performance as record-breaking, Oak Brook, Illinois-based Ace Hardware Corp. reported total revenues of $1.13 billion for the third quarter of 2014, an increase of 9.1%, from the third quarter of 2013.

Net income was $37.3 million for the third quarter of 2014, up 8.4%.

NKBA estimates double-digit growth for a thriving sector of residential construction.

Herndon, Virginia-based Beacon Roofing Supply has acquired All Weather Products Ltd., a Vancouver-based distributor of roofing systems and accessories primarily for residential applications.

"We are very pleased to be joining Beacon not only because of its size and reputation in the industry but because Beacon shares AWP‘s belief that success comes from hard work and a commitment to your employees and customers," said AWP president and founder Ken Lillejord. "This is a very exciting time for us."

A merchandise strategy leans on endcaps and store excitement

However, the CEO says the company is on track to meet key financial objectives.

The roofing giant renews its partnership with a leading nonprofit.

The Tile Shop has announced its plans to open its first-ever super store in San Antonio.

This entails a 31,200-sq.ft. space -- its biggest in the country -- which compares with its usual average of 23,000-sq.-ft. retail locations. The super store will feature a selection of 4,500 stone and tile products.

Carl Randazzo, SVP retail for The Tile Shop, said that the additional square footage allows for an expansion of the retailer's product presentation.

The artificial turf manufacturer was selected by a playground industry company as its exclusive supplier of artificial grass.