Quarter Results Disappoint, In Contrast To Rival Home Depot

Home Improvement StoresDespite being the larger of the pair, The Home Depot, Inc. ( HD ) was actually based over 30 years later than Lowe’s Companies, Inc. ( LOW )—Home Depot in 1978 and Lowe’s in 1946.

A shareholder proposal seeking a semiannual report of political spending by the corporate as well as another proposal looking for the separation of the roles of chairman and CEO have been defeated. True Value Company, headquartered in Chicago, is likely one of the world’s largest retailer-owned hardware cooperatives with sales of $1.eight billion in 2010. The True Value cooperative consists of roughly 4,seven hundred impartial retailer locations worldwide working below the shop identities of True Value, Grand Rental Station, Taylor Rental, Party Central, Home & Garden Showplace and Induserve Supply.

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