Small Business Resources, Business Advice and Forms from AllBusiness.com

United revamps for the future. (United Hardware Distributing Co.) (Brief Article)

* In an attempt to rebuild and update its programs, United Hardware continues to aggressively pursue new opportunities.

Most recently, United introduced a new rental program as one of its niche marketing concepts.

Despite a 28 percent sales increase to $132.6 million, the Plymouth, Minn.-based wholesaler is coming off a net loss for the year ended Nov. 30, 1991 of $1.2 million.

This result compares to a net loss of $1.1 million in 1990. However, the company declared a $561,349 member rebate in 1991, and losses from operations were cut in half.